Fish and Chip Restaurant and Takeaway For Sale , Port Alfred
About this business for saleFish and Chip Restaurant and Takeaway For Sale , Port Alfred
This well-established fish and chips business was established in 2013. It is well positioned and located in a beautiful setting with ample parking.
It offers inside seating for 24 guests as well as a take away section. The business is managed by the owner and supported by two well trained permanent staff.
The business is operated from leased premises and the 3-year lease runs until March 2020
The owner wants to retire for health reasons which creates a perfect opportunity for a serious buyer looking to purchase a small well established profitable business.
The business has an annual net profit (EBPIDT) of approximately R113,668 and offers a return on investment of 65% and/or a monthly payback of approximately 18 months.
There is an opportunity to further increase business by opening in the evenings and on Sundays. The business could also provide a delivery and outside catering service.
The asking price is R175,000 excluding stock (which is considered minimal)
For more information on this great opportunity, please contact the Listing Broker:
Neville Loader (071 327 5916)