RESTAURANT  with a  LIQUOR LICENSE for SALE in PORT ELIZABETH

The RESTAURANT with a LIQUOR LICENSE, is for SALE in PORT ELIZABETH and available at an amount of R 1’650’000-00 plus stock.

The restaurant is situated in a suburb and the good location makes it possible to cater for the varied tastes of local and holiday consumers.

The operating profit amount for the period, March 2023 <> February 2024 = R 347’878-00 per annum or an average monthly operating profit of R 28’989.84 pm.

The business will provide the new owner with a Return on Investment ( R O I ) of 29.59 % from the average R 28’ 989.84 monthly operating profit or from the annual operating profit of R 347’878.00 {{ EBPIDT, Earnings Before Proprietors Income, (wages or drawings) Interest, Depreciation and Taxes }}.

The asset value is R 724,298.00, that is included in the recommended selling price amount of R 1’650’000-00.

Fried chicken, Pizza, burgers and chips, salads and other items are on the menu.

This business with clear-cut guidelines is straightforward to manage, with well trained staff.

Turnover may increase, if owner managed on a regular basis and with extended trading hours.

Contact: G e r t S t r y d o m

i b m b r o k e r s @ g m a i l .c o m

Cell Phone <> 072 179 4372

Additional information and financial / management accounts will be available to all potential buyers, subject to terms and conditions.