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Listing ID: 2791580

ITALIAN PIZZA'S & PASTA RESTAURANT - UP-MARKET AREA, JOHANNESBURG SOUTH. For Sale

Alberton, Gauteng, South Africa

R 1,850,000

(Furniture / Fixtures included)

Revenue: not disclosed

Cash Flow: R 900,000

Business Description

ITALIAN PIZZA'S & PASTA RESTAURANT - UP-MARKET AREA, JOHANNESBURG SOUTH.

SELLING PRICE: R 1.850 Million

NET PROFIT: Average R 70 k p/m

ESTABLISHED: 23 years

DESCRIPTION: This extremely popular restaurant has the best reputation in the area by far. They are renowned for their amazingly delicious variety of Italian-style wood-oven pizzas. Their pastas are al dente and consistently exceptional offering its clients in house, home-made sauces. The indoor restaurant seats over 80 and creates an atmosphere which is charismatic ally warm, comfortable and intriguing. The outdoor seating provides additional space for busy weekends. Their service is fast and friendly with the capacity to cater for exceptional evening take-away orders which is consistently on the increase. Recently the owners embarked on a mini- refresh, for both the indoor and outdoor areas (enclosure for the winter months) but most importantly upgraded the kitchen area. In addition this outlet is nestled in a prime location ideally attracting passing trade in the heart of a densely populated suburb. Trained staff and waiters are quick, friendly and helpful. This fully licensed outlet serves good wines and craft beer. There is potential to grow and double trade with increased trading hours. Currently trading hours are from to 3pm to 10pm during the week and closed on Tuesday's.

Property Details

Years Established:

23 successful years

Property Type:

Lease

Other Details

Business Location:

Alberton

Expansion Potential:

Huge potential to grow deliveries on uber eats, mr D etc...

Operation Details

Support & Training:

Full training will be provided

Miscellaneous

Reason For Selling:

sellers are retiring

Contact this seller

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