Property Information

Real Estate:

Lease

Lease Terms:

The current lease ends 30th April 2025, with an option to renew for a further 5 years. A new lease will be arranged for the Buyer.

Location:

The business is well located with parking.

Premises Details:

The premises are 244 sq mts excluding the verandah/patio.

Business Operation

Expansion Potential:

Drive sales through more events.

Extend business hours.

Competition / Market:

There are other restaurants in the area.

Reasons for selling:

The Owner is relocating.

Trading hours:

Sunday & Monday 8am – 6pm.

Tuesday to Thursday 8am – 8pm.
Friday & Saturday 8am – 9pm.

Employees:

2x Managers (6 & 8 Years). 11x Waiters. 10 Kitchen staff. 2x Bar staff.

Years established:

The business was established by the owner in 2014.

Other Information

Support & training:

The seller will provide a suitable hand over.

Financing available:

Seller finance is not available.

Furniture / Fixtures value:

R929,100 – included in the asking price

Inventory / Stock value:

R200,000