Profitable Coastal Restaurant

Cape Town
Price : R 3,800,000
Listing Type : Restaurant
Location : Cape Town
Ref No. : 2896
Year Established : 2012
No. of employees : 25
Trading Hours : 9:00 - 22:00
Turnover : R 731 915
Cost of Sales : R 392 727 pm
Expenses : R 242 371 pm
Net Profit : R 96 816 pm
Asset Value : R 2 217 484
Stock Value : R 98 373

This is a well-established, upmarket and unique restaurant with a contemporary take on dining. The business operates from an iconic property in a beautiful coastal town with a large base of loyal clients. The business offers patrons a diverse culinary experience in intimate surroundings with world class service. The business offers only the highest quality produce through a fusion of flavours and cultures. There are several dining areas and a lounge bar within the main building which offers a variety of wines and craft beers from around the country.

The business offers something for everyone and is a great location for private events and family parties, with a kiddies play area. The business also roasts and blends its own coffees that are rich in flavour. This business offers an ideal opportunity for a restauranteer or entrepreneur looking for a profitable business in one of the most popular tourist destinations in South Africa. The asking price is R3.8m with an average monthly turnover of R731 915 average cost of sales of R392 727, average monthly expenses of R242 371 and average monthly net profit before tax of R96 816.

Due Diligence
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