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  Beachfront Steakhouse (with Slots)  

 

PROFILE    
Description:    Trading now for two years as a franchise, this 180 seater restaurant and patronage continues to grow. Newly installed slots are an added attraction. The menu has been revamped and the view over the Bluff beach lends itself to long lazy lunches. There are lots of daily specials. Weekends start early with breakfasts which are proving to be a hit. Holidaymakers are a growing clientele and there is a lot of interaction on the restaurant Facebook page which already has 9000+ followers.
Industry / Sector:    Restaurant and Bar
LOCATION    
State / Province:    KwaZulu-Natal RSA
City / Town:    Durban
Location / Area:    Bluff Beachfront
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 3 600 000
Conditions:    Cash deal or substantial deposit required
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 850 000 per month
Profit:    R 120 000 per month
Annual Return:    40 % per annum
No. of Staff:    16
Year Established:    2015
Legal Persona:    - unknown or withheld -
Other Information:   

 

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Record ID: 2717
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