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Restaurant Tygervalley Area For Sale

Tygervalley Area, Western Cape, South Africa
Asking Price:
R11,500,000 Furniture / Fixtures included
Sales Revenue:
R15M - R100M
Cash Flow:
R4,800,000

This well known patronized business is available for R 11.5m plus stock.
The business is a favorite with the locals and businesses in the area.
Turnover ex vat Jan - Dec'19 R16m and average profit R 400 000 PM.
Fully management run.
Excellent lease.
National Brand.
Some terms will be considered.
Superb opportunity and highly recommended.

Property Information

Real Estate:

Lease

Lease Terms:

5 plus 5

Location:

Tygervalley area

Premises Details:

Lease-R 60 000 PM

Business Operation

Expansion Potential:

Excellent

Reasons for selling:

Other interests

Trading hours:

Restaurant

Employees:
16
Years established:
16

Other Information

Support & training:

Full

Furniture / Fixtures value:
R3,500,000 - included in the asking price
Inventory / Stock value:
R250,000

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