Business for Sale

Ocean Basket Randburg Area(Sold.Sold.Sold) for Sale

business for sale

Business Details

REF AB113
Asked Price R 700,000
Location Johannesburg | Gauteng | Randburg
Business Type Restaurant
Reason for SellingOwner Head hunted
Year Established2014
Number of Employees 10
Monthly TurnoverR 522,000
Monthly Net Profit R 85,000
Monthly Payroll Expense R 300,000
Movable Assets Value R 200,000
Stock Value R 40,000
Owner Oporated Business Yes
This is a Frenchise BusinessYes
Property Included in The Sale No
Seller Will Assist / Train buyerYes
Business is ProfitableYes
Size 260 M2
Lease Term 5 Years
Monthly Rental R 26,000
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Business Partners South Africa
The Franchise Association South Africa
National Employment Fund
Industrial Development Corporation