Highly Profitable Restaurant in Central Johannesburg
About this business for saleHighly Profitable Restaurant in Central Johannesburg
Situated in a very busy Business Hotel in the heart of Johannesburg. This highly profitable restaurant has been in business since 2007 and has become an iconic place in the area.
The restaurant is ideal for both business and leisure and offers breakfast, lunch and dinners. The interior exudes an historical charm and character, all of which creates a memorable dining experience.
The restaurant is fully functional and includes a fully equipped kitchen and bar.
Extensive refurbishment and upgrades have recently been concluded. Well-trained staff, highly qualified chefs, and an awesome menu will ensure continued growth and success.
With an average monthly net profit of R155,000 this business offers a great Return on Investment of 67% and a payback period of 18 months.
This is the ideal business opportunity for someone with previous experience in the restaurant or hospitality industry.
This profitable business offers a turnkey opportunity. Selling at R2,785,000 excluding VAT (where applicable).
Detailed information on this business opportunity will be provided to serious buyers only. Contact the listing Broker: Fiona Singh at 084 682 3179 / Fiona.firstname.lastname@example.org
*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.