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Franchised Family Restaurant For Sale

Somerset West, Western Cape
Asking Price:
R8,200,000
Sales Revenue:
R20,000,000
Cash Flow:
R1.5M - R3M

This well known family franchise restaurant is supported by one of the leading franchises in South Africa. The brand is well established and respected in South Africa over many years.

The restaurant caters to the whole family with an upgraded play area for the kids with professional supervision. The interior layout is very well planned and the superb location in a very popular shopping centre add value to this once in a lifetime opportunity. 

The listing price is R 7 550 000 (excluding stock of +- R 200 000, VAT and joining fee).

Buyers will be required to have equity of at least R 4 000 000 in unencumbered cash.

All information provided is subject to verification by interested buyers and detail information will only be disclosed to serious buyers.

Property information

Real Estate:

Lease

Leasehold Rent:

R1,428,000 per annum

Location:

The interior layout is very well planned and the superb location in a very popular shopping centre add value to this once in a lifetime opportunity.

Business Operation

Reasons for selling:

Owner has other businesses and want to scale down.

Trading hours:

Monday to Friday : 08:00 to 22:00
Saturday : 08:00 to 23:00
Sunday : 08:00 to 22:00

Employees:
55
Years established:
12

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Joining fee of R 225 000. Training of 10 weeks by franchisor.

Other Information

Furniture / Fixtures value:
R5,000,000
Inventory / Stock value:
R200,000
Related Documents:

Contact Information

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