Exclusive pizza restaurant/take away in one of the fastest growing neighborhood areas in Blouberg/Milnerton.

Exclusive pizza restaurant/take away in one of the fastest growing neighborhood areas in Blouberg/Milnerton.

Introduction:

• This pizza place is well renowned not only amongst locals, but also to weekend visitors and tourists frequenting this area during school holidays.
• Due to its close proximity to a myriad of blocks of flats/duplexes etc. the scope to increase the turnover/profit is huge, including other possibilities like applying for a liquor license/kids playground area/deliveries/specials on certain evenings etc.
• One of the side effects of covid, the economy forcing both husband and wife to work, affordability of eating out/takeaways versus buying food stuffs and cooking at home is that customers prefer to support restaurants like this pizza establishment.
• The staff of 3 (Kitchen) and 5 waiters (full time) and 2 waiters (part time), are all well trained and dedicated to the business.
• An asset list is available when required.

Finances:  

• Average monthly turnover R281,000
• Average GP 43%
• NP (EBITDA) R41,000 pm

Selling price:

• R1,4 million, which gives you a ROI of 35%.