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Grill & Bar Established Restaurant

Pretoria, South Africa
R2,750,000
Operating Business

This 436m², 270 seater (72 outside, 198 inside) is a stalwart in the local community. A local favourite feeding and entertaining loyal patrons for the last 14 years. The well-established kitchen has a meal capacity of 400 – 600 meals at a serving. There is excellent stock control and management in place and facilities include back-up generator and CCTV linked to online portal. Improvement to the store have been recently made and 2 active projects are on hold due to Covid.

Year Established – October 2007 (+/- 14 years)

Location – Busy retail shopping centre

Annual Turnover – +/- R1 million per month.

Annual Net Profit – +/- R125 000/month

Asset Value +/- R2 600 000 (included in asking price)

Stock Value – +/- R200 000 (NOT included in asking price)

Non franchise

Owner or Manager run? –Owner-operator needed for the business  to thrive

Operating hours – Monday – Saturday 11:30 – 22:00 Sunday 10:30 – 18:00

Asking Price – R2 750 000.

Reason for Selling – Owner retiring

Overview

Years

14

Biz2Sell Business Brokers
Biz2Sell Business Brokers
0 out of 5
Total Sales: 0 Total Listing: 34