Business for Sale

Restaurant Stock,Lock for Sale

business for sale This Restaurant for sale has closed down by the land lord due to overdue rent by the previous owner, this restaurant was badly run by managers, no interest by the previous owner to improve, this affordable business opportunity situated at a busy newly revamped shopping centre in Roodeport area, the sale includes assets and stock, the sale will be done directly by the landlord, new affordable rent and lease agreement will be discussed. The landlord looking for an operator who is interested to reopen the restaurant for trade, this opportunity is an ideal for a purchaser interested to start his/her own brand in the food and beverage industry with the least setup cost. The land lord shall support the new owner and work together to achieve success. Landlord has no financial available for the business, the deal will be done purely on, the assets and stock value only. Note you may view the site by appointment only.

Business Details

REF AB7
Asked Price R 300,000
Location Johannesburg | Gauteng | Western Suberb
Business Type Restaurant
Year Established2008
Number of Employees 0
Monthly TurnoverR 0
Monthly Net Profit R 0
Monthly Payroll Expense R 0
Movable Assets Value R 500,000
Stock Value R 1,000
Owner Oporated Business No
This is a Frenchise BusinessNo
Property Included in The Sale No
Seller Will Assist / Train buyerNo
Business is ProfitableNo
Size 400 M2
Lease Term 3 Years
Monthly Rental R 32,000
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Business Partners South Africa
The Franchise Association South Africa
National Employment Fund
Industrial Development Corporation