Long Standing Established Restaurant

Western Cape

R 3 800 000

Financial Information

Detailed financials available on request

This restaurant was established in 2008 and is still going strong. Situated in a busy nightlife hub popular with students ensures continuous feet through the door. After a fire that occurred at the restaurant it was completely revamped and rebounded with good trade and increased turnover. The focus of this restaurant is the outside seating area and garden. The restaurant offers an extensive breakfast menu, lights meals: wraps and sandwiches, pizza, pasta, salads, burgers, and grills as well as Original Recipe Crush beverage range (slushy type drink), Coffee range, Alcoholic Beverages, and Sodas. Quality food and beverages in generous portion size at competitive market-related prices are on offer. Two new housing developments in the area have brought in more students and feet into the area resulting in increased growth. The company structure is optimally tax-efficient allowing for several beneficial concessions. At present, the restaurant is run by a core management group. This business would best suit a new owner looking for quality of life and limited time commitments

Reason for selling

Owner immigrating
Annual revenue
R 5,819,849
Monthly cash flow
R 120,465
Stock value
R 0