Description:
Franchised. This business is situated in a 4 star hotel which has undergone a R350 million upgrade. It enjoys a steady trade from the hotel guests which accounts for 70% of the turnover. The restaurant offers an intimate and relaxing dining experience. The meat is supplied by Chalmar Beef, one of South Africa’s top meat suppliers, and only AAA Grade cuts are served. The menu ensures that every taste is catered for by offering chicken, fish and vegetarian options alongside the star attraction - exceptional quality steaks. This business is listed in the top 100 best restaurants in Johannesburg. Joining fees and monthly royalties payable.
Asking Price:
ZAR R4,300,000.00
Our Ref:
Unspecified
Terms of Sale:
Share Capital
Revenue (Income):
Undisclosed
Net Profit (Cash Flow):
ZAR R80,000.00
Time Established:
Established November 2008
Trading Hours:
Monday to Sunday: Lunch: 12h00 - 15h00; Dinner: 18h00 - 22h30
Reason for Sale:
Owner and Operator Relocating to UK
Support & Training:
Franchisor Assistance
Owner Financing:
No
Value of Fixtures/Fittings:
Undisclosed
Value of Stock/Inventory:
Undisclosed