A rare opportunity to acquire an established restaurant business together with the freehold property from which it operates, offered at a combined asking price of R3 499 000.
Established in 1997, this well-known Thai restaurant has built a long-standing presence in the Eastern Cape, serving authentic cuisine in a welcoming dining environment. With nearly three decades of trading history, the business offers an established operation, an existing customer base and an opportunity for a new owner to continue its legacy while exploring further growth.
The restaurant generates an average monthly turnover of approximately R147,629 and an average monthly net profit of approximately R56,028. Operations are supported by two employees, excluding the owners, making this an appealing opportunity for an owner-operator or couple seeking an established hospitality business with the added benefit of property ownership.
The Investment
The combined asking price of R3 499 000 comprises:
Restaurant business: R1 995 000, including fixtures, fittings, equipment and goodwill.
Freehold property: R1 450 000, providing ownership of the premises from which the restaurant operates.
The owner is offering the business and property together as an opportunity to acquire both an established trading operation and a tangible property asset in a single transaction.
Potential for Growth
A new owner could explore opportunities to increase revenue through delivery services, catering, targeted digital marketing, promotional initiatives and extended trading hours, subject to operational feasibility and applicable requirements.
This opportunity may appeal to an entrepreneur seeking an established restaurant, an existing hospitality operator looking to expand, or a buyer interested in combining business ownership with a freehold property investment.
Get more info on this Business.
