Restaurant for Sale in Johannesburg South, South Africa
Italian restaurant brand with 3 branches in Johannesburg specializing in signature dishes.
Premium Plan
| Established | 10-20 year(s) |
| Employees | 100 - 500 |
| Legal Entity | C Corporation |
| Reported Sales | USD 1.94 million |
| Run Rate Sales | USD 2.08 million |
| EBITDA Margin | 20 % |
| Industries | Restaurants |
| Locations | Johannesburg South |
| Local Time | 3:22 AM Africa / Johannesburg |
| Listed By | Business Owner / Director |
| Status | Active |
Full Sale
Asking Price:
USD
920 thousand
(Native Currency: ZAR 16,000,000)
Reason: Lifestyle changes and the need to attract investment after 18 years in the industry.
Also open to s...
View More
Includes physical assets worth
USD
346 thousand
Interested to connect with advisors
Name, Phone, Email
Available after connect
Business Name
Available after connect
User Verification
Documents
Domain-Verification.pdf
(213.6 KB)
Registration Certificate
(174.9 KB)
Business Overview
- Established Italian restaurant brand with three thriving branches in Johannesburg South, renowned for its authentic Italian cuisine.
- Offers a wide array of signature dishes including lamb rack, porcini chicken, stuffed calamari, homemade gnocchi, pastas, and pizzas.
- Each location accommodates up to 100 guests, providing a cozy and inviting atmosphere for dining and celebrations.
- Awarded the "Best of Johannesburg" title, highlighting the restaurant's exceptional quality and popularity among locals and visitors.
- Recently opened one branch that offers significant growth opportunities, with potential to attract new customers and increase revenue.
- Employs a dedicated team of 100 staff members focused on delivering outstanding service and culinary experiences.
- Business operates under necessary legal frameworks with a valid registration certificate, ensuring compliance and trustworthiness in the restaurant industry.
- Offers a wide array of signature dishes including lamb rack, porcini chicken, stuffed calamari, homemade gnocchi, pastas, and pizzas.
- Each location accommodates up to 100 guests, providing a cozy and inviting atmosphere for dining and celebrations.
- Awarded the "Best of Johannesburg" title, highlighting the restaurant's exceptional quality and popularity among locals and visitors.
- Recently opened one branch that offers significant growth opportunities, with potential to attract new customers and increase revenue.
- Employs a dedicated team of 100 staff members focused on delivering outstanding service and culinary experiences.
- Business operates under necessary legal frameworks with a valid registration certificate, ensuring compliance and trustworthiness in the restaurant industry.
Products & Services Overview
Known for Italian cuisine including lamb dish, chicken, stuffed calamari, homemade gnocchi, pastas and pizzas serving tourists and locals.
Assets Overview
Tangible assets valued at around ZAR 6 million including restaurant equipment, furniture, and fixtures of all 3 branches.
Facilities Overview
Three branches in Johannesburg with well-established restaurant facilities located in high-traffic areas.All are rented spaces and the average size is 500 sqm.
Capitalization Overview
Funded by owner equity and outstanding debt of approximately R1.94 million plus R500k overdraft. Three owners, each holding equal shares.
Tags:
Fine Dine Restaurant for Sale in Johannesburg South, South Africa
·Purchase Fine Dine Restaurant in Johannesburg South, South Africa
·Casual Restaurant for Sale in Johannesburg South, South Africa
·Purchase Casual Restaurant in Johannesburg South, South Africa
·Buy Fine Dine Restaurant in Johannesburg South, South Africa
·Buy Casual Restaurant in Johannesburg South, South Africa
·Restaurant for Sale in Johannesburg South, South Africa
·Purchase Restaurant in Johannesburg South, South Africa
·Buy Restaurant in Johannesburg South, South Africa
·Fine Dine Restaurant for Sale
·Casual Restaurant for Sale
·Restaurant for Sale
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business
3 Buyers viewed this Business this week.
Register below to connect now!
- Social
- Register
- Login
Who uses SMERGERS?
... and 64,000+ other businesses of all sizes.
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses