Popular Family Franchise Restaurant for Sale
About this business for salePopular 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.
+27 82 891 7832
*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.