Restaurant, Bar and Grill in KZN North Coast

KZN North Coast
Price : R 2,500,000
Listing Type : Restaurant & Bar
Location : North Coast
Ref No. : 3007
No. of employees : 17
Trading Hours : 11am - 9pm
Lease Term : Every 4 years
Turnover : R 300 000 pm
Cost of Sales : R 135 000 pm
Expenses : TBD
Net Profit : TBD
Asset Value : R 700 000
Stock Value : R 200 000

Restaurant, Bar and Grill in KZN North Coast

The restaurant was acquired in Feb 2024 and then renovated and converted, offering a fusion of great Asian, South African and Med flavours, including seafood, flame-grilled food, curries and fast food dishes, plus a full bar serving great cocktails. It seats 90 guests in great décor and atmosphere at a prime location in the KZN North Coast, close to popular beach areas.

Unfortunately, the owning couple suffered a devastating family tragedy, which required them to divert their attention away from the management of the business, which they now decided to sell.

This is an excellent opportunity for a food industry entrepreneur to take advantage of the investment and grow this establishment to its full potential.

Features
Due Diligence
Financials
Prospectus