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  45% Share in 5 Indian Cuisine Restaurants  

 

PROFILE    
Description:    A 45% shareholder is sought to invest in 5 rapidly growing restaurants offering Indian cuisine. Involvement with 2 restaurants required by June, 2017 with the remainder to follow. Returning high turnovers and excellent profitability. Solid management and cost controls. Investor should assist with daily operation. Total buyout would be considered, at R14m, with guaranteed takeover assistance.
Industry / Sector:    Restaurant
LOCATION    
State / Province:    Western Cape RSA
City / Town:    Cape Town
Location / Area:    Bellville area
Portability:    Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
PRICE    
Asking Price:    R 7 000 000
Conditions:    Price is for a 45% share of ownership
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 11 000 000 per month
Profit:    R 390 000 per month
Annual Return:    67 % per annum
No. of Staff:    16
Year Established:    2008
Legal Persona:    Close Corporation
Other Information:     
Financial accounts are available to qualified buyers.
 

 

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Record ID: 2686
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