Delve into the bustling culinary scene of Pretoria East with a seafood restaurant that has redefined the essence of marine gourmet since 2014. Presented on the market due to the owner’s other commitments, this establishment is a lucrative venture for seafood aficionados and restaurateurs seeking a flourishing venture.
Business Overview:
- Oceanic Excellence in the Capital: Having thrived since 2014, this restaurant has become synonymous with fresh, exquisite seafood dishes, making it a hotspot for locals and tourists alike.
- Strong Financial Performance: With a monthly turnover of R 950,000 and a net profit of R 120,000, the establishment showcases its high profitability and outstanding management.
- Seasoned Team: A crew of 32 passionate employees ensures that patrons are treated to a memorable dining experience each time.
- Transition Made Seamless: The owner pledges to assist and train the buyer, ensuring the restaurant’s continued success and smooth transition.
Profitability and Operational Insights:
- Not Just a Business, but a Legacy: Unlike franchised entities, this independent venture offers unparalleled operational freedom, letting the owner chart its growth trajectory.
- Regular Cash Flow: The business’s financials are a testament to its consistent patronage and exemplary service.
Physical & Financial Assets:
- Spacious Dining Arena: Boasting 400 m² of elegant dining space, the restaurant can accommodate a significant number of patrons, ensuring sustained business even during peak hours.
- State-of-the-Art Infrastructure: The movable assets, valued at R 1,200,000, include modern kitchen equipment and plush seating arrangements.
- Stock Ready: An inventory valued at R 100,000 ensures that the restaurant is ready to serve from day one without any operational hitches.
Lease and Location:
- Prime Location: Situated in the heart of Pretoria East, the restaurant attracts both local residents and tourists, ensuring consistent footfall.
- Leasing Terms: A locked-in lease for 5 years, with a monthly rental of R 140,000, guarantees business continuity in a prime location.
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An epitome of marine culinary excellence in Pretoria, this seafood restaurant is more than just a business—it’s a legacy. If you have a penchant for seafood and an entrepreneurial spirit, this might be the most sumptuous catch of your life. Dive in and let the oceanic culinary adventure begin!
