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Upmarket Thai Restaurant - Halaal

 

PROFILE    
Description:    Opened 2 years ago by owner. Seats 65 patrons and offers a large and varied Halaal menu and vegetarian foods. Regular training updates carried out by the franchise owner in Durban. Current lease has 3 years to run. Food deliveries from Durban Head Office. Shop is fully computerised so all paperwork is available. Surveillance cameras (12) are connected to the owner's cellphone. Situated in the largest, busiest mall in Pietermaritzburg.
Industry / Sector:    Restaurant
 
LOCATION    
State / Province:    KwaZulu-Natal RSA
City / Town:    Pietermaritzburg
Location / Area:    Liberty Mall
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 2 200 000
Conditions:    Deposit and Terms
 
FINANCIAL & OPERATING INFORMATION    
Turnover:    R 280 000 per month
Profit:    R 34 000 per month
Annual Return:    19 % per annum
No. of Staff:    11
Year Established:    2017
Legal Persona:    - unknown or withheld -
Other Information:   

 

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Record ID: 2803
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