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Business Industry Icon A Quaint Mediterranean Restaurant
Garden Route, Western Cape   Brokered By: B4S-Unlisted
Asking Price: R360,000.00 Sales Revenue: Undisclosed Cash Flow: R5,749.27


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Business Information

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Business Identifier

A Quaint Mediterranean Restaurant

Reference

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Looking For

Buyer

Company Start Date

Undisclosed

Financial Year End

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Sector

Service

Industry

Food & Beverage

Business Description

This restaurant is truly one of a kind. A true traditional taste of Italy.
For the past 23 years, this profitable Mediterranean restaurant has established itself as a destination venue - popular amongst both locals in the Garden Route and visitors to the area. It is known for the best pizza and pasta in town. This licensed award-winning restaurant offers inside and outside seating.
Having been there since the start, the owner-chef is now looking to retire and pass this successful business on to a new owner. The business is open for evening trade only - 6 days a week and it is closed on Sundays.
This is the ideal opportunity for a chef looking to relocate to the beautiful Garden Route and wishing to put his/her own signature on a business. Perhaps you would want to give the business a new look, perhaps you want to keep the traditional, quaint look and feel. Whatever your choice, one thing is for sure: for a young, energetic chef, this business offers an excellent reputation to build on and lots of potential to develop.
Breakfast and coffee trade along with lunch offerings and potential for floor space expansion are all options to consider in order to increase the current income of this successful business. It all depends on how hard and how many hours you are prepared to work. With a traditional business focus, there is also an ability to harness the growth that delivery apps are now seeing in many other restaurants.
If you have a passion for Italian and/or Mediterranean cuisine then this is an opportunity you should not miss!
The seller is prepared to stay on for a period to ensure a smooth handover and transition.
The selling price excludes stock of R 40,000.

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Franchise

No

Type of Business

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Current Status

None

Province

Western Cape

City

Garden Route

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Asking Price (R)

360,000.00

Annual Turnover (R)

Undisclosed

Monthly Free Cash Flow (R)

5,749.27

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