Profitable and Established Taverna Group

Western Cape

R 7 247 500

Financial Information

Detailed financials available on request

This family owned restaurant first opened its doors in the 80’s. The current owner, who is the original owner’s son, decided to open his first branch situated on the Atlantic seaboard. Due to its popularity and profitability another branch was opened a short while later and this was followed by another one situated in the Southern Suburbs. Each branch has its own unique atmosphere. Located in central positions ensures continuous passing traffic and feet through the door. Offering a wide variety of speciality Mediterranean dishes made from the freshest ingredients as well as the warm and inviting ambience, have made these restaurants a firm favourite with locals as well as visitors from far and wide. Meals can be finished off with the most mouth watering desserts that are available from the menu, The success of these restaurants can be attributed to the owners widespread experience and thorough knowledge of the food industry. These restaurants also cater for special occasions as well as corporate functions and can cater for large bookings. For those that do not feel like cooking they have a vast menu of take away foods on offer. Bookings can be done online. These restaurants strive for effiecient, friendly, caring and exceptional service. They value the closeness of family and this is what these restaurants have become to their customers. Customers’ leave these restaurants with a full belly and are highly satisfied with their dining experience. The new owner will be walking into streamlined and efficiently run businesses, ensuring profit from day one. This business offers an excellent return on investment while also providing a sublime lifestyle for the right operator .

Reason for selling

Owner is relocating
Annual revenue
R 19,410,741
Monthly cash flow
R 312,765
Stock value
R 0