Verified Listing
Posted on May 14, 2018 / 1009
Price : R3,850,000
Listing Type : Steakhouse
Location : Gauteng
Ref. No : 2442
Turnover : R742 098
Expenses : R338 583
Net Profit : R111 300
Asset Value : R1 000 000
Stock Value : R200 000

One of the Legends of The West Rand in Johannesburg has come to us seeking a new owner after being around for 34 years.The restaurant has won numerous Awards over the years and is still one of the top spots in JHB.

The owners have had this business for just on 23 years of the 34 years of trade. The owners focused on attracting the right customer base and developing the menu’s and entertainment over the years, to increase the profitability of the business. The restaurant itself is an institution and destination business for the targeted customer base.

Year Established: 1984
Number of Employees: 17 Full time and 15 Casuals
Hours of Operation: Mon – Fri 11h30 – 22h00, Sat 16h00 – 22h00 and Sun 12h00 – 15h00.
Lease Term: New lease will be issued to the new owner, current to 2025.

* Troy Maidwell – LP JHB West Rand