50% In New Cappello Restaurant And Night Venue For Sale

Overview

  • Business services, Services
  • Property Type

Description


50% In New Cappello Restaurant And Night Venue For Sale

Pretoria,
Gauteng, South Africa

Asking Price:


R2,500,000

Furniture / Fixtures included

Sales Revenue:
R22,000,000
Cash Flow:
R4,800,000

Prime Location in Hatfield. Old News Cafe to be converted into a Cappello and expected to generate R1.8m to R2.5m revenue per month.

Estimated profit in excess of R400k per month.

Opportunity for someone with experience to come in as a partner in this venture.

Venue and 50% funding secured.

Full value of new establishment is R6million but R1million in sponsorships have been obtained so that setup is only R5million.

Repayment of full investment within 13 months (96% ROI).

This opportunity is only being opened to an experienced operator who can be hands on in the business as this is critical for the success of the store.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

A new 5 Year Lease will be entered into

Leasehold Rent:

R1,032,000 per annum

Location:

Hatfield, Burnett Street – High Volume Traffic for Student and Business Men Night Life

Premises Details:

On the corner with high street visibility and LOTS OF SAFE AND SECURE PARKING!!!

Size in square feet:
380 sqrm

Business Operation

Expansion Potential:

This store has massive potential for larger numbers because of the secure parking and amazing location.

Competition / Market:

Lots of Clubs and Night Spots on this street have made this a node for Night Life

Reasons for selling:

New Business Opportunity that cannot be fully exploited on the Sellers own.

Trading hours:

Sun – Thurs – 8am to 10pm

Fri – Sat. – 8am to 2am

Employees:
40
Years established:
0

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

A new 5 Year Franchise Agreement will be entered into.

Other Information

Support & training:

Cappello’s is well known Franchised brand and offers amazing support and training.

Furniture / Fixtures value:
R6,000,000 – included in the asking price



Source link

Address

  • City Hong Kong

Details

Updated on March 13, 2023 at 1:20 am
  • Property Type: Business services, Services
  • Property Status: For Sale, New Listing

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MUJAHID · GOURMETOPHOLD