Established Profitable Franchise Restaurant

Eastern Cape

R 1 400 000

Financial Information

Detailed financials available on request

The Franchise restaurant for sale, is located in a beautiful coastal city of the Eastern Cape and is positioned in a very popular mall which is situated in a large suburb. This suburb is rapidly expanding and the mall falls into the heart of this expansion. The restaurant is very well set out with all the mod-cons in place and has a light, spacious comfortable feel to it. The staff are highly trained and the restaurant receives great support from the Franchisor. The restaurant first opened its doors several years ago and all equipment and furniture is all still in a great condition. No revamp is required in the short term. The restaurant offers a family vibe with a great kiddies play area. The menu is diverse and appeals to all different tastes and has some specialty dishes which it is renowned for. The restaurant has a solid client base and does various specials throughout the week which have become very popular. The business is well priced at R2,000,000 (Excl Stock and Vat). This is considerably lower than the initial start up capital contribution and offers great value for money. The business showed a good profit in the last financial year of over R700,000. The business is currently manager run and has a full management team in place. For more information on this great opportunity please contact the Listing Broker - Greg King (084 556166) Ref: ET00048 Timestamp: 20180608054543