Verified Listing
Posted on March 22, 2021 / 623
Price : R1,000,000
Listing Type : Pizzeria
Location : Meyerton
Ref. No : 2722
Year Established : 2019
No. of Employees : 5
Trading Hours : Mon – Sat 12:00 – 20:00
Lease Term : 5 years
Turnover : R 164 890 pm
Cost of Sales : R 80 581 pm
Expenses : R 57 387 pm
Net Profit : R 26 931 pm
Asset Value : R 303 063
Stock Value : R 30 000

Pizza restaurant and takeaway with liquor license and bar area. The restaurant has an excellent repeat client base and offers deliveries in and around the local area, with very little competition. The current owner is franchising the brand and is offering the flagship store as an opportunity to join what will become one of SA’s best local boutique pizza restaurants.

The business is ideally suited for an owner operator with restaurant experience that will be hands on in running the business. There is also an opportunity to generate additional income through the setup of a few gambling machines which is currently being approved by the local municipality. The business generates an average turnover of R 165,000 per month with a net profit of R 27,000.00 per month and an asking price of R1 000 000 plus stock and VAT.

Mfundo Nhlabati – Broker Head Office