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RESTAURANT - FOOD - Business For Sale
Sandton, Gauteng - South Africa

R 6 000 000

RESTAURANT - FOOD - Business For Sale Sandton, Gauteng - South Africa

Available: 1 wk, 3 days ago
Contact: JEFF
0823710000
Contact #2: TERSIA
0118871453

Account Name: Sheri-Lee Forbay
User Since: 16/09/13
Ads Published: 672
Ads Active: 22 (View ads)
Email

RESTAURANT - FOOD - Business For Sale Sandton, Gauteng - South Africa

Description

50% in TOP RESTAURANT IN TOP LOCATION IN THE COUNTRY FOR SALE
Making R3.5 million Net Profit p.a., on a turnover of R20 million p.a., owner’s partner is retiring, and is selling 50% for R6 million, despite a valuation of R14.5 million. Opportunity of a lifetime, to buy a share in a well run top restaurant, in the busiest and most upmarket Shopping Center in the Country, with huge potential to grow even more profitable. Owner will retain a 50% share, ensuring the continuity of the business, as well as guaranteeing the expected growth
This business has stood the test of time, having been in existence for 43 years. It is a very profitable business, running efficiently and seamlessly. It is situated in what could be said, is the very best location in the country. The owner is prepared to sell 50% and retain 50% almost guaranteeing continuity. To replace the business as it now stands would cost a minimum of R12 million, and that   does not take into account the huge goodwill that this business has built up. The knowledge, expertise and sheer hard work that it has taken to build this business to what it is, needs to be rewarded.
There are no audited accounts, but the management accounts can be verified, with sales, cost of sales, and expenses all agreeing with Bank Statements. The main and only Assets of this Business, are the location, the ability to generate profits, and the Fixed Assets, all of which can be verified, and remain on going.
Hurry, this opportunity will be sold on presentation!!!!!!!
PRICE: R6MILLION FOR 50% or R12 MILLION FOR 100%
Take a look at our website, www (DOT) win4me (DOT)org which describes the process we follow in detail.
If you feel that we are right for you or if you would like to find out more details about our services then feel free to email me back or contact Jeff on 082 371 0000 OR socialmedia(AT)win4me(DOT)org
PLEASE WHEN RESPONDING PLEASE PUT ALL YOUR CONTACT DETAILS FOR US TO CALL YOU BACK!


Available: 1 wk, 3 days ago
Contact: JEFF
0823710000
Contact #2: TERSIA
0118871453

Account Name: Sheri-Lee Forbay
User Since: 16/09/13
Ads Published: 672
Ads Active: 22 (View ads)
Email

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