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Listing ID: 2789641

PRIME UP-MARKET FRANCHISED RESTAURANT IN BOKSBURG IN BUSY SHOPPING CENTRE For Sale

Boksburg, Gauteng, South Africa

R 2,950,000

(Furniture / Fixtures included)

Revenue: not disclosed

Cash Flow: R 1m to 5m

Business Description

PRIME UP-MARKET FRANCHISED RESTAURANT IN BOKSBURG IN BUSY SHOPPING CENTRE

SELLING PRICE: R 2,950,000.00

NET PROFIT: R 160,000.00 p/m

"WELL KNOWN AND POPLUAR DESTINATION"

DESCRIPTION: This prime Grill and Seafood Franchised Restaurant is both well-known in the area and firmly established. Sunday Buffets are a favourite for its core clientele by offering a range of delicious freshly prepared Seafood's including large prawns, mussels, calamari, steaming hot beef stragonoff or unique chicken dishes with a range of salads and vegies. Although this store was recently refurbished there is still so much potential to improve such as by expanding into an well structured and inviting upstairs exclusive "dining" area. Ground floor indoor seating provides a plush "look & feel" decor. There is also ample outdoor seating offering a delightful and fully kitted "kiddies play" centre. Although a young Management Team is currently in place this outlet would be greatly enhanced if the new owner would be involved with day to day activities and stock controls. Despite being slightly neglected this outlet is still highly profitable. The Franchisor is established over 22 years and won the "Best of Johannesburg" competition 13 years running. They offer more than 2 decades of industry experience, comprehensive, Staff Training, ongoing operational support Franchise and Marketing support. Ample secure parking being another attraction.

HIGHLIGHT: THIS GREATLY REDUCED SELLING PRICE IS NEVER TO BE SEEN AGAIN.

PLEASE REPLY FOR FURTHER INFO

MICHAEL: 081 762 1840 or EMAIL: info@globalbusinessbrokerssa.com

Property Details

Years Established:

10 years

Property Type:

Lease

Other Details

Business Location:

Prime position in Boksburg

Expansion Potential:

Huge potential to grow, it is currently corporate owned. With a hands on owner operator, this already profitable restaurant could increase its profits substantially

Operation Details

Employees:

15

Support & Training:

Full training will be provided, thereafter ongoing head office support

Miscellaneous

Reason For Selling:

Corporate owned, Franchisor is seeking an owner operator

Contact this seller

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