- Advert ID: 696087
- (Seller ref: PJBH)
Primi Franchised Restaurant Cocktail Bar Johannesburg Northern Suburbs For Sale
- Location:
-
- South Africa
- > Gauteng
- > Johannesburg
- > Johannesburg Northern Suburbs
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Summary
- Asking price:
- R3,550,000 (Furniture / Fixtures included)
- Sales revenue:
- R3m < R8m
- Net profit:
- < R3m
- Franchise opportunity:
- Yes
- Years established:
- 1
- Employees:
- TBA
Business description
Fantastic opportunity within a strong, well known, destination type restaurant franchise. It is all about location, branding and the concept. The business has been opened for 10 months and is in a strong growth phase. Location is important and this one has prime high street location in one of Johannesburg's upmarket area, catering for breakfasts,lunches, dinners and take outs. Not to mention the upmarket Cocktail style bars. Double storey restuarant catering for all types from families to yuppies. Excellent opportunity for the discerning buyer. Dont miss this one!!
Franchise terms
TBA
Property information
- Lease terms:
- 5 year lease with an option to renew for a further 5 years, with an annual escaltion at 6% per annum
- Location:
- Prime high street location, in one of Johannesburg's upmarket area.Situated in newly revamped centre.
Other information
- Expansion potential:
- The reaturant being in a growth phase - It has major potential for growth. Breakfasts and deliveries have also just been introduced.
- Competition / Market:
- Unique concept, no real competition besides other restaurants in the area
- Support & training:
- Full support and training by franchise head office
- Reasons for selling:
- Owners have decided to change their career paths
- Trading hours:
- 7am to 11 pm
- Financing available:
- Financing could be arranged for prospective purchasers but you would need unencumbered cash as well
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
need to search again?
- South Africa
- > Gauteng
- > Johannesburg
- > Johannesburg Northern Suburbs
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