Fully Equiped Pub and Restaurant for Sale

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Date Listed	16/05/2012
Price	R 495,000
Address	Jeffreys Bay, South Africa
For Sale By	Dealer

URGENT SALE (BELOW ASSET VALUE SALE)

Restaurant / Function Venue/ Pub for sale.

The business is situated in a busy street in Jeffrey’s Bay. This Business has been trading for the many years in Jeffrey’s Bay and in the past was known as a very upmarket and exclusive restaurant.

The current owner has only had the business for a few months and is now unfortunately required to relocate back to JHB. The business is fully equipped and all assets are included in the sale. The business is fully licensed to sell alcohol.

The restaurant is not functioning at full capacity and is mainly serving bar lunches. What makes this business opportunity very exciting is the fact that the rent is very low and that the premises includes a flat which the current owner resides in

This business is a walk in business with no extra starting worries, perfect for first time restaurant business owner.

Facts and figures

Net Margin: 49%

Price Earnings Ratio: 1.62

Pay Back period: +- 1.5 years

ROI: 61%

Visits: 1234

Poster Contact Information

083 607 XXXX Click to show