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Portuguese Restaurant in Durban North

 

PROFILE    
Description:    This franchised Portuguese Restaurant was started 9 years ago and is still growing. It has established itself as among the top highly ranked restaurants in the country having won numerous awards and has +8000 Facebook followers.
Industry / Sector:    Restaurant and Bar
LOCATION    
State / Province:    KwaZulu-Natal RSA
City / Town:    Durban North
Location / Area:   
Portability:    Low Portability - Relocation is not possible. But there may be limited value in licences, patents, technology or access to clients and suppliers which would add value to a similar operation at another location taking over
PRICE    
Asking Price:    R 3 200 000
Conditions:    Deposit required with terms available
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 610 000 per month
Profit:    R 60 000 per month
Annual Return:    23 % per annum
No. of Staff:    15
Year Established:    2008
Legal Persona:    - unknown or withheld -
Other Information:     
The menu is predominantly Portuguese with shellfish, linefish and pasta plus aged top beef cuts for the meat lover. Top wines are on offer. All orders are prepared from scratch ensuring consistent high standards are maintained. The perfect ''eating out'' experience.
 

 

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Record ID: 2735
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