Licensed Restaurant For Sale

Western Cape

R 380 000

Financial Information






Detailed financials available on request

Seller Handover

This restaurant needs a new owner who can re-establish the rightful place of this licensed eatery at the top of this historical town's restaurants.

Seating 110 patrons, the restaurant has an appropriate sized bar counter which can be used for pre-dinner drinks. Serving the traditional fare, with specialities of Ribs, Schnitzels and Burgers, the food is excellent, and the capacity is sufficient for hosting large parties and functions. The asking price is reasonable, but the new owner would have to bring along sufficient working capital to give this once great restaurant a bright and attractive facelift, as well as allow for new menus and specialities. As any restaurateur will know, it will take some time to re-generate the loyal support of patrons. The asking price excludes stock and VAT.