Business for Sale

Pub and Restaurant Great Location for Sale

business for sale Well located, franchised pub/restaurant with 16 years of history and goodwill. Has built up a good following of regular customers and appeals to working class. 3 supportive managers ensure good operation without the owner and are responsible for the daily opening and closing.

Business Details

Asked Price R 1,200,000
Location Durban | KwaZulu-Natal | South Coast
Business Type Restaurant
Reason for SellingOwner looking at other investment
Year Established1996
Number of Employees 16
Monthly TurnoverR 400,000
Monthly Net Profit R 50,000
Monthly Payroll Expense R 190,000
Movable Assets Value R 400,000
Stock Value R 30,000
Owner Oporated Business No
This is a Frenchise BusinessYes
Property Included in The Sale Yes
Seller Will Assist / Train buyerYes
Business is ProfitableYes
Size 350 M2
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Business Partners South Africa
The Franchise Association South Africa
National Employment Fund
Industrial Development Corporation