Restaurant Franchise

Price : R 1,650,000
Listing Type : Italian Cuisine
Location : Johannesburg
Condition : Franchise
Ref No. : 2923
Year Established : 2015
No. of employees : 16
Trading Hours : 08:30 - 21:00
Lease Term : Expires 2026
Turnover : R 381 389 pm
Cost of Sales : R 153 460 pm
Expenses : R 186 502 pm
Net Profit : R 41 427 pm
Asset Value : R 1 641 280
Stock Value : R 87 582

A well-established and profitable restaurant and takeaway franchise situated in a quaint shopping centre in an affluent suburb. The brand offers a traditional Italian flair with their menu ranging from starters, pizzas, pastas and salads to burgers, grills, and desserts. The store is unique and cozy, drawing customers in, with their warm welcoming traditional wood burning oven and their wide selection of wines and cocktails.

This restaurant offers a unique service to cater not only for their sit-down customers, but also a convenient take away option including delivery. There is room for growth in the area with many schools, businesses, homes, and retirement villages. This business has a full staff complement of 16 employees who are well trained and exceptionally reliable.

The business’s assets have been upgraded and are now valued at R1 641 000, and this restaurant generates an average monthly turnover of R381 390 with an average monthly net profit of R41 427. The asking price is R1 650 000 excluding stock of R87 582 on average.

Due Diligence