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Popular Licenced Restaurant In Prime Location

Pretoria, Gauteng, South Africa
R2,200,000
Operating Business

Busy, Established Restaurant, Grill & Bar in Well Known Shopping Centre for Sale

  • 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
  • Excellent stock control and management in place
  • Back-up generator
  • CCTV linked to online portal
  • Improvement to the store recently made.
  • 2 active projects on hold due to Covid
  • Year Established – October 2007 (+/- 14 years)
  • Location – Busy retail shopping centre
  • Turnover – +/- R1 million per month.
  • Net Profit – +/- R75 000/month
  • Asset Value +/- R2 600 000 (included in asking price)
  • Stock Value – +/- R200 000 (NOT included in asking price)
  • Franchise or Non-Franchise – 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 – Reduced for urgent sale – R2 200 000.
  • Reason for Selling – Owner retiring
Biz2Sell Business Brokers
Biz2Sell Business Brokers
0 out of 5
Total Sales: 0 Total Listing: 92