Business for Sale

Restaurant Manager Run with High Reputation for Sale

business for sale This Restaurant situated in busy trendy locations in Jhb, Cresta Area in a busiest shopping centre, fully Manager run, the restaurant has been established for long time,and will defiantly attract more income for the right investemt, This business is one of the most attractive businesses in the food and beverage. it is good investment opportunity for an investor who dos not have to run his business in a daily oporation. ALL FIGURES ARE AUTHENTICATED AND AVILABLE FOR FINANCIALLY ABLE INVESTOR.

Business Details

Asked Price R 5,000,000
Location Johannesburg | Gauteng | Western suburb
Business Type Restaurant
Reason for Sellingowner has Other business interest.
Year Established2008
Number of Employees 25
Monthly TurnoverR 850,000
Monthly Net Profit R 140,000
Monthly Payroll Expense R 420,000
Movable Assets Value R 1,000,000
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 330 M2
Lease Term 5 Years
Monthly Rental R 47,000
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Business Partners South Africa
The Franchise Association South Africa
National Employment Fund
Industrial Development Corporation