Established in 1997, this owner-managed Thai cuisine restaurant has become a beloved dining destination in the Eastern Cape, known for its authentic flavours, welcoming ambiance, and consistent quality. Over nearly three decades, it has built a strong and loyal customer base of both locals and visitors who appreciate its relaxed atmosphere and traditional menu.
The business operates efficiently with a dedicated team of two staff members excluding the owners, ensuring smooth day-to-day management and a personal touch in service. Financially, the restaurant demonstrates strong performance, achieving an average monthly turnover of approximately R147,629 and a net profit of around R56,028, highlighting its stability and ongoing profitability.
The business is valued at R1,995,000, which includes all fixtures, fittings, equipment, and goodwill. In addition, the freehold property from which it operates is valued at R1,450,000, offering the buyer both a thriving business and a tangible asset. The combined asking price for the business and property is R3,499,000, representing an attractive opportunity for an owner-operator seeking a well-established hospitality venture with secure real estate ownership.
With a solid foundation and enduring reputation, this business offers excellent growth potential through avenues such as extended trading hours, delivery and catering services, or enhanced online marketing efforts. It presents an ideal opportunity for a passionate entrepreneur or couple looking to take over a proven, profitable restaurant in a sought-after area of the Eastern Cape.
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