Current lease to expire 31 January 2019 with option to renew for a further 5 years. Current rental payable is: R82 000 per month including operating costs and water and electricity.
Escalation at 8% per annum.
Seating for 320 patrons.
Experienced staff in place and will remain.
NEW OWNER'S SKILLS and EXPERIENCE REQUIREMENT
Training will be provided by the franchisor.
MARKET and CUSTOMERS
Loyal customer base established. Situated in the ideal spot.
OPPORTUNITY for GROWTH
There is good opportunity for growth as the outside area has not yet been utilised.
Area to be converted to play area for kids also available.
Trading Hours: 10h00 – late.
License closes at 02h00 am.
REASON FOR SALE
Non-Disclosure agreement to be signed before any financial details made available.
AVAILABILITY of AUDITED FINANCIALS
Financials available direct from the franchisor on request and only after NDA has been signed.
PROOF of FUNDING REQUIREMENT
Interested parties MUST be able to demonstrate that they have access to the required funds to finance this purchase. The seller will not entertain any discussions or provide any details or documentation or accept any offer unless you first meet this criteria. You will need to provide proof of these financial requirements in your initial enquiry.