Bespoke Restaurant

Price : R 2,946,000
Listing Type : Restaurant
Location : Johannesburg
Ref No. : 2948
Year Established : 2007
No. of employees : 21
Trading Hours : 6am - 6pm
Lease Term : Exp. every 5 years
Turnover : R 550 000 pm
Cost of Sales : R 220 000 pm
Expenses : R 220 000 pm
Net Profit : R 110 000 pm
Asset Value : R 826 517
Stock Value : R 87 327

A lucrative restaurant situated in a premium area of Johannesburg, was established in 2007. The restaurant is owner managed with the help of 2 managers who have been part of the business since it was established. The restaurant serves breakfast, lunch, novelty cakes, desserts, cold beverages including alcohol, they also have a catering service for special functions.

The restaurant is positioned in a prime spot in a shopping mall, with 202 sqm inside and an outside area that can seat 160 people. The main equipment in the kitchen uses gas and during load shedding the restaurant has access to a single phase generator provided by the mall, which allows the business to continue operating the lights, coffee machine and computers. This business asking price is R2 946 000 and it generates an average monthly turnover of R550 000 with an average monthly net profit of R110 000.

Due Diligence
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