Well-known Restaurant on the West Coast for Sale

Western Cape

R 3 030 000

Financial Information






Detailed financials available on request

Property Included Seller Handover

Lifestyle business opportunity on the West Coast of South Africa!

This restaurant has a lot of character which is part of a town renowned for its festivals/shows and has been operational since 2000 of which, the last 14 years with the existing owner. It has a rural/village atmosphere and caters for the families and is also pet-friendly. Clients tend to sit on the veranda and it's the gathering/social spot for both residents and the 40,000 visitors per annum that visit this lovely West Coast town. The price also includes the property. The building is ± 200 square meters of which the first level is rented out to a tenant which provide for rental income to the business. The restaurant is operated on the ground level of the building. The tangible assets include equipment of ± R300,000 and the building is valued at ± R2m. Asking price exclude stock of ± R30,000

Established

2000

Ian Van Ravesteyn
professional

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