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eating-out

Mandate 1079

R 3,300,000.00

This is a large and well equipped family restaurant located at the entrance of one of the largest and busiest shopping centres in Gauteng and offers an excellent opportunity for a dedicated entrepreneur to increase its turnover and returns.

Product Description

Broker Name: Abel Acuna
Broker Contact: 0832542068
Broker Email: abela@renwickbusiness.co.za
Mandate number: 1079
Category: Eating Out
Location: Johannesburg
Year Established: 01/08/2013
Number of Employees: 16 permanent and 12 temporary staff
Hours of Operation: 9:00 – 21:30
Lease Term: The current lease is valid until December 2018 with an option to renew further.

Movable Asset Value: R 1,070,000.00
Stock Value: R 70,000.00
Average Monthly Turnover: R 550,000.00
Average Monthly Expenses: R 168,000.00
Average Monthly Net Profit Before Tax: R 100,000.00
Asking Price: R 3,300,000.00

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