Greek Restaurant

Price : R 1,750,000
Listing Type : Mediterranean Cuisine
Location : Pretoria
Ref No. : 2908
Year Established : 2018
No. of employees : 18
Trading Hours : Tues - Sun 11am - 11pm
Lease Term : Nov 2023
Turnover : R 384 978 pm
Cost of Sales : R 162 571 pm
Expenses : R 164 342 pm
Net Profit : R 58 064 pm
Asset Value : R 292 318
Stock Value : R 168 000

A well-established restaurant in Pretoria that was found in 2018 by a Greek chef and was bought by the current owners in 2019. This restaurant has a strong review rating, has had appearance on radio and television. Once in an Afrikaans feature film and once as part of a series. This restaurant specializes in authentic Greek cuisine, and it does dine-in, takeaways and deliveries. This restaurant offers Meals, Desserts, Beverages, Cocktails, Kids menu and it’s also pet friendly as they also offer a dogs menu.

This business has also partnered with a bicycle shop and created a competition that allows children to colour a 50cm bicycle and the winner gets to win a BMX bicycle.

This restaurant has a total of 18 well trained and reliable staff members and that includes two managers. With a hands-on operator, this business has enormous potential for growth. This business asking price is R1 750 000 and the business generates an average monthly turnover of R384 979 and an average monthly net profit of R58 064

Due Diligence