Current lease in place to expire in 3 years with option to renew for a further 5 years. Current rental payable is R63 000 per month. Seating for 300 patrons.
15 permanent staff including 3 managers.
20 casual staff.
Currently manager run.
NEW OWNER'S SKILLS and EXPERIENCE REQUIREMENT
Previous restaurant experience will be an advantage.
MARKET and CUSTOMERS
A loyal customer base already exists. There was a higher turnover of patrons during 2016 compared to the same period for 2015.
OPPORTUNITY for GROWTH
The business can perform at a higher level if it is owner operated.
REASON FOR SALE
The business is for sale due to the owner having emmigrated.
A Non-Disclosure document will have to be signed before any details of the business will be made available.
AVAILABILITY of AUDITED FINANCIALS
All financial information is available.