Seafood & Steak Restaurant For Sale

R4,000,000.00

Hillcrest, Highway Areas, Kwazulu Natal

Property Information

CODE : PP4089
Asking Price : R4,000,000.00
Ownership : Freehold


Description

Monthly Net Profit: R140,000

Rent: R60,000 per month
Escalation: 8% per annum
Lease Details: 4 Years Plus 5 Year Option To Renew
Store Size: 358m²
Seating: 155
Trading Hours: Sunday to Thursday: 12h00 – 21h00; Friday & Saturday: 12h00 – 21h30
Monthly Turnover: R620,000 per month

This is a superb business that has been operating in the Highway Area for 7 years. Ideal opportunity for a quality operator. Recently revamped.

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Contact the Agent

Billy Constantinou » ++27 83 250 2013
[email protected]

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