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2 in 1 Restaurants at Rand Airport Germiston

 

PROFILE    
Description:    The Runway Beach Bar: This venue is a world-class function and events location. Able to accommodate 1000 plus people. It is ideal from company end-of year function or team building setting to the big family weddings.

The Beer Co: Right next to the actual runway, this most aptly named venue comes equipped with state of the art sound and lighting, a variety of exclusive bars, menus to suit all and even the ultimate South African braai spot. This is the ideal Beer House setting with the open space and blue skies, The Beer Co and The Runway at Rand Airport is the go to place for a cold one.
Industry / Sector:    Restaurant and Bar
 
LOCATION    
State / Province:    Gauteng RSA
City / Town:    Germiston
Location / Area:    Rand Central Airport
Portability:    Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
 
PRICE    
Asking Price:    R 2 500 000
Conditions:    Excluding Stock
 
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 643 000 per month
Profit:    R 80 000 per month
Annual Return:    38 % per annum
No. of Staff:    30
Year Established:    2015
Legal Persona:    - unknown or withheld -
Other Information:     
  PREMISES  
4 years remaining. Seating: 400 for The Beer Co and 1000 for the Runway Beach Bar.

  STAFFING  
Experienced staff will remain.

  NEW OWNER'S SKILLS and EXPERIENCE REQUIREMENT  
Restaurant knowledge will be an advantage.

  MARKET and CUSTOMERS  
Established customer base as it is situated at the Rand Central Airport.

  LIFESTYLE ISSUES  
Trading hours:
• Tuesday to Friday: 11h00 to Late.
• Saturday and Sunday: 08h00 to Late

  REASON FOR SALE  
Owner immigrating.

  NON-DISCLOSURE AGREEMENT  
A non-disclosure agreement has to be signed before detailed information is made available.

  AVAILABILITY of AUDITED FINANCIALS  
On request from seller.

  HANDOVER ARRANGEMENTS and TRAINING  
To be discussed with seller.


 

 

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Record ID: 2798
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