Link Business

Popular Family Franchise Restaurant for Sale

R880,000 Revamp needed of R1,4m Western Cape (WC - Cape Town Region)Listing: #14600

About this business for sale

Popular Family Franchise Restaurant for Sale

This well-established, franchised Italian family restaurant is situated in a prime position, close to the cinemas and other restaurants and at the entrance of a big mall in a popular Boland town on the outskirts of Cape Town, in the Western Cape.

The restaurant operates as one of a famous franchise group with all systems and controls in place. Food is prepared with the freshest and finest quality ingredients. A new owner can rely on the support from the franchisor.

The business is offered at a reduced price as the buyer will need to have a major revamp done at a cost of ± R1,400,000. It is expected that the revamp that will increase the turnover and ROI remarkably.

The asking price excludes stock, VAT, joining fee and revamp cost.

Cape Town Suburbs
theo.vanrooyen@linkbusiness.co.za
Mobile Only
+27 82 891 7832

Theo van Rooyen

*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.