Business for Sale

Restaurant with Great Potential for Sale

business for sale

Business Details

REF AB36
Asked Price R 3,000,000
Location Durban | KwaZulu-Natal | Umhlanga’
Business Type Restaurant
Reason for SellingOwner has other investments
Year Established2006
Number of Employees 25
Monthly TurnoverR 580,000
Monthly Net Profit R 80,000
Monthly Payroll Expense R 310,000
Movable Assets Value R 700,000
Stock Value R 60,000
Owner Oporated Business Yes
This is a Frenchise BusinessYes
Property Included in The Sale No
Seller Will Assist / Train buyerYes
Business is ProfitableYes
Size 400000 M2
Lease Term 3 Years
Monthly Rental R 70,000
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Business Partners South Africa
The Franchise Association South Africa
National Employment Fund
Industrial Development Corporation