Business for Sale

Restaurant Manager Run with High Reputation for Sale

business for sale

Business Details

REF AB102
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