Roadhouse in East Rand

East Rand
Price : R 4,000,000
Listing Type : Roadhouse
Location : East Rand
Ref No. : 2962
Year Established : 2008
No. of employees : 29
Lease Term : Dec 2027
Turnover : R 1 028 352 pm
Cost of Sales : R 430 907 pm
Expenses : R 385 025 pm
Net Profit : R 211 419 pm
Asset Value : R 3 122 041
Stock Value : R 121 549

A very well known and established road house one the East Rand is up for sale. In operation since 2008 this business is turn key. Situated in a very busy CDB. The roadhouse is in pristine condition with nothing to be spent.

The current owner also owns the property separately which is not included in the selling price. They are open to negotiating a long-term lease with the new buyers. The seller is also in the process of applying for a liquor licence which will also boast sales in the future. All staff are well trained with long-standing service, including two managers. This business still has potential to grow in many areas with an energetic operator. The seller is currently committed to new projects in his portfolio and does not have enough time to oversee all of his entities.

Features
Due Diligence
Financials
Prospectus