Business for Sale

Restaurant & Light Meals High return for Sale

business for sale

Business Details

Asked Price R 8,500,000
Location Johannesburg | Gauteng | Northern Suburb
Business Type Restaurant
Reason for SellingOwner is Expanding to other businesses
Year Established2008
Number of Employees 30
Monthly TurnoverR 1,500,000
Monthly Net Profit R 350,000
Monthly Payroll Expense R 600,000
Movable Assets Value R 700,000
Stock Value R 250,000
Owner Oporated Business No
This is a Frenchise BusinessYes
Property Included in The Sale No
Seller Will Assist / Train buyerYes
Business is ProfitableYes
Size 320 M2
Lease Term 2 Years
Monthly Rental R 140,000
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Business Partners South Africa
The Franchise Association South Africa
National Employment Fund
Industrial Development Corporation