Fish and Chip Restaurant and Takeaway For Sale , Port Alfred

Eastern Cape

R 125 000

Financial Information

Detailed financials available on request

Seller Handover

This well-established fish and chips business was established in 2013. It is well positioned and located in a beautiful setting with ample parking.

It offers inside seating for 24 guests as well as a take away section. The business is managed by the owner and supported by two well trained permanent staff. The business is operated from leased premises and the 3-year lease runs until March 2020 The owner wants to retire for health reasons which creates a perfect opportunity for a serious buyer looking to purchase a small well established profitable business. The business has an annual net profit (EBPIDT) of approximately R113,668 and offers a return on investment of 65% and/or a monthly payback of approximately 18 months. There is an opportunity to further increase business by opening in the evenings and on Sundays. The business could also provide a delivery and outside catering service. The asking price is R175,000 excluding stock (which is considered minimal) For more information on this great opportunity, please contact the Listing Broker:

Neville Loader

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