Lease recently renewed. 4 Years with option to renew for a further 5 years. Current rental is R68 574 per month with an 7% escalation pa. Premises size is 285mē.
Loyal and experienced staff in place with this long established Restaurant. Staff to remain.
NEW OWNER'S SKILLS and EXPERIENCE REQUIREMENT
Previous experience in the catering or restaurant industry will be an advantage.
MARKET and CUSTOMERS
The restaurant has been in the shopping centre since the shopping centre's inception. Restaurant well known and frequented by loyal patrons.
The trading hours for the business:
Monday to Sunday: 11h30 - 10h00
REASON FOR SALE
Seller is emigrating due to a very good business opportunity.
All prospective buyers will have to sign a Non-Disclosure document before any detailed information will be forwarded.
AVAILABILITY of AUDITED FINANCIALS
Financials are available on request from seller.
No seller finance offered.