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Listing ID: 3070616

Well established and profitable Italian restaurant For Sale

CBD (prime location), Cape Town, Western Cape, South Africa

R 1,800,000

(Furniture / Fixtures included)

Revenue: R 3,400,000

Cash Flow: R 400,000

Business Description

An owner operated/hosted osteria serving authentic Southern Italian food (Romagna & Sicilia). Established reputation as a top destination diner for many regulars and tourists.
Rustic décor and appearance within an historical building.
Fully trained competent and reliable staff.

Property Details

Size:

260 sq,m

Years Established:

2013

Property Type:

Lease

FF&E:

R 400,000

Inventory Value:

R 75,000

Other Details

Premise Details:

260 sq.m includes a basement dining area for private functions.

Expansion Potential:

Expand operating hours to accommodate breakfast and lunch trade.

Operation Details

Employees:

Owner + 8

Trading Hours:

Tuesday - Saturday 18h00 - late

Support & Training:

Owner will provide training and support as required

Miscellaneous

Reason For Selling:

Another family business

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