Restaurant/take away/supermarket for sale in quaint seaside village.

Restaurant/take away/supermarket for sale in quaint seaside village.

Introduction:

• This restaurant is situated in a beautiful biosphere nature reserve and has been operational for about 3 years.
• This village has been growing at an increasing rate the last couple of years as people are moving out of Cape Town and either working from home or commuting to their work from this village.
• The business has various streams of income- from the locals, weekend visitors that own houses there and holiday visitors.
• The business has a take away section, a grocery section, a sit down restaurant and a nursery on the premises.
• The business has a state of the art software program that records the orders/take away orders.
• The potential to grow the business is huge and new items can be added to the menu for instance home cooked meals etc.
• The only reason for selling the business is that the owners are involved with importing/exporting of products from China and cannot give full attention to the business.
• There is an existing lease in place and there are 2 full time staff members employed.
• They get some of the meat and vegetables directly from farmers that they deal with regarding the export of meat.

Financials:

• Asset value R 330,000.
• Average turnover for 2021, R 150 000 pm.
• Average GP 47-51%.
• Average NP R 40 000 (EBITDA).