Wedding/Conference Venue & Restaurant for Sale
About this business for saleWedding/Conference Venue & Restaurant for Sale
Attention all restaurateurs, caterers, chefs, franchisors and entrepreneurs!
This venue is located in one of the fastest growing coastal towns in the Western Cape. Located in an upmarket centre with beautiful surroundings the venue can seat up to 136 guests.
The business is sold with all décor, furniture and fittings. It has a fully functional kitchen with state of the art equipment, walk-in cold and freezer rooms, which is every chefs dream.
As an added advantage, you will also get a pastry kitchen and an on-site laundry facility. With all the crockery and cutlery at hand, you can walk in and start preparing a feast for your guests within minutes.
The business also has a Liquor License and a fully equipped bar.
If you add R557k to the asking price, you can get a fully functional, accredited Chef Training School. With this comes a fully equipped kitchen that can accommodate 12 learners at any time as well as all the training material and lecturing equipment.
The Training Centre has built up recognition in the industry over the last 25 years of operation. The comprehensive, full-time syllabus focuses on industry related training which is possible by incorporating the operation of an on-site restaurant and function venue to assist with realistic training.
The asking price includes all assets, but excludes stock at cost to the value of ± R12,000. No VAT applicable.
+27 82 653 0582
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.