Please note that our Terms of Use and Privacy Notice are applicable.
Back to search (Eastern Cape > Commercial & Residential Property for Sale & Rent > Commercial, Business & Industrial Property for Sale > Retail Space for Sale> ad 1277787148)
BUSINESS FOR SALE: ESTABLISHED 70 SEATER RESTAURANT IN PRIME PORT ALFRED LOCATION
R 440,000
Can I afford this?
7 Photo(s)
29 days ago22 views
Ad Saved to My List
View and manage your saved ads in your account.
Share
WhatsApp
Facebook
Messenger
Twitter
Copy URL
Email
Report Ad
Report This Ad
Reason for Reporting
Email Address
(Required)
Message
(Optional)
Report Ad
By clicking "Report" you accept the Gumtree Terms and Conditions.
General Details
Location:
Description
Niche Restaurant in Van der Riet Street, tastefully decorated for year-round appeal, presents a fantastic opportunity for buyers. Boasting a separate deli section offering delectable foods and preserves, the restaurant has been a staple in the community for nearly seven years.
With both indoor and outdoor seating, including ample shelter from inclement weather, patrons can enjoy the ambiance regardless of the season. The establishment prides itself on excellent staff, service, and convenient parking.
The sale encompasses all furniture, fittings and equipment worth around R180,000.00, plus a liquor license. With steady profits and a loyal clientele, turnover is considerably higher during peak seasons.
This is an ideal time to acquire this business, in time to settle in and be ready to capitalise on the Christmas rush.
Consignment items on sale are not included.
Property Reference #: 6476575
Agent Details:
Mauneen Charter
Lew Geffen Sothebys International Realty
50 Masonic Street
Port Alfred
6170
With both indoor and outdoor seating, including ample shelter from inclement weather, patrons can enjoy the ambiance regardless of the season. The establishment prides itself on excellent staff, service, and convenient parking.
The sale encompasses all furniture, fittings and equipment worth around R180,000.00, plus a liquor license. With steady profits and a loyal clientele, turnover is considerably higher during peak seasons.
This is an ideal time to acquire this business, in time to settle in and be ready to capitalise on the Christmas rush.
Consignment items on sale are not included.
Property Reference #: 6476575
Agent Details:
Mauneen Charter
Lew Geffen Sothebys International Realty
50 Masonic Street
Port Alfred
6170
Id Subtitle 1277787148
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 4,769
Total property loan amountR 440,000
Total interestR 704,395
Total repaymentR 1,144,395
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
RECALCULATE
Lew Geffen Sothebys International Realty
Selling for 3+ years
Total Ads255
Active Ads255
Professional Seller
This seller has registered a Gumtree business account which allows them to qualify as a professional seller.To grow your business with Gumtree read more
Seller stats
255Total Ads
476.81KTotal Views
Contact Lew Geffen Sothebys International Realty
082*******Show Number
Message
(3965)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.
Related Ads
1
R 3,550,000
SavedSave
Opportunity awaits in the thriving world of signage and framework services with this well-established Framework and Sign Company, renowned for its high-quality vinyl work and long-standing partnerships with major businesses in the area. The sale includes the strategically located building, comprising units 6 & 7 and totaling 230m2, providing high visibility and accessibility. This prime location, along with a skilled and experienced team, offers the potential to expand further. In addition, the current owner offers the option to purchase the remaining stock for an additional fee.This turnkey operation, complete with training and support, presents a unique chance for entrepreneurs to take over a successful business with a solid foundation and ample growth potential. Dont miss out on this exciting opportunity – whether youre a seasoned professional looking to expand your portfolio or a budding entrepreneur eager to enter the signage industry, this is your moment to shine.Moreover, the inclusion of the premises ensures not only a strong physical presence but also a prime spot for attracting potential clients. The high visibility and accessibility of units 6 & 7 enhance the businesss reach and make it a standout choice in the market.For those ready to seize the moment, the current owner also extends the option to acquire the remaining stock, allowing for a seamless transition and uninterrupted service for existing clientele. This prospect is ideal for those looking to hit the ground running and capitalize on the established reputation of the business.This is more than a business transaction; its an invitation to step into a thriving industry with confidence.Contact us today to make it yours and embark on a journey of success in the dynamic world of signage and framework services.Your opportunity awaits – grab it now!Property Reference #: 7002001-41192Agent Details:Tessa CockcroftEXP RealtySouth Africa13 Nankies Nook Eldoraigne , Eldo Park Estate , 157
Invalid date
View More
Back To SearchGumtree Safety Tips
1.Meet in a public space to see the item and exchange money.
2.Never send your item before receiving the money.
3.Never send or wire money to sellers or buyers.
Looking to Sell?
Whether you are selling your car, old cell phone or laptop, learn how much your item could be worth with our Gumtree Pricing Guide.
