Lease to run for a further three years with option to renew.
Current rental at R 97,000 per month.
Premises size is 700m2 excluding kids play area.
Seating for 300 patrons.
Long standing and experienced staff to remain. The business is manager run.
NEW OWNER'S SKILLS and EXPERIENCE REQUIREMENT
Previous restaurant experience will be of an advantage.
Extensive training is given before take over.
MARKET and CUSTOMERS
Loyal customer base established due to the long number of years in existance.
OPPORTUNITY for GROWTH
The business will perform better with an owner operator. Good potential for venues etc.
Trading hours. Monday to Saturday: 10h00 - 22h00. Sunday: 10h00 - 22h00
REASON FOR SALE
Currently owned by the franchisor who does not have the time to operate the franchise and stores at the same time.
A Non-disclosure agreement will have to be signed before any detailed information is made available.
AVAILABILITY of AUDITED FINANCIALS
Management accounts available.
PROOF of FUNDING REQUIREMENT
At least 50% owner contribution outside of financed funds.