Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Leading Brand Steakhouse Franchise, Upmarket Mall, Sandton Area, For Sale

Pretoria, Gauteng, South Africa
Asking Price:
R6,700,000 Furniture / Fixtures included
Sales Revenue:
Available on request
Cash Flow:
Available on request

This business was opened by the present owners approximately 6 years ago in a prime position, in one of the top shopping centres in Sandton North. The Brand is known as the best upmarket Steakhouse & Restaurant Franchise Brand in the country, and in turn is also part of one of the top Franchise Groups in South Africa. This particular Branch is extremely well run and the business has proved to be a very popular & profitable operation. Aside from their Steaks and Burgers, included on their Menu are some Vegetarian options, a wide variety of Chicken and Seafood dishes, Salads, and lots of Grill options. All this is coupled with great service, and a warm and friendly ambience. An excellent well run and well organised business that is ready for an experienced Owner/Operator to continue building, because of the already very well laid foundations that were put into place by the present owners, over the past years.
A business opportunity that must not to be missed!!

Property Information

Real Estate:

Lease

Location:

Well located in an upmarket Shopping Centre in the Sandton area.

Premises Details:

There are many other food outlets in the shopping centre with a a large amount of feet in the complex and surrounding shops, 7 days a week, as the centre has many National Brands in the centre, however, they have no direct competition in the centre.

Business Operation

Reasons for selling:

The Owners have two other stores in Johannesburg and are planning to open a 3rd store shortly, therefore they have developed a logistical problem having only one store in Pretoria, and so have decided to concentrate all their efforts in the Johannesburg area only.

Trading hours:

The business is open 11-30am to 10pm Monday to Saturday, and 11-30am to 9pm on Sundays.

Employees:
They employ a Total of 41 Staff, which includes the waiters and 6x various Managers.
Years established:
The business has been open for approximately 6 years.

Franchise Information

Franchise opportunity:

Franchise Resale

Other Information

Support & training:

All support and Training will be supplied by the Franchisor, who must approve the Purchaser before a Sale may take place. There will be a once off Joining Fee due to the Franchisor on signature of a Franchise Agreement.

Furniture / Fixtures value:
R4,000,000 - included in the asking price
Inventory / Stock value:
R300,000

Contact Absolute Business Brokers

  1. This email address is already registered. Log in to continue.
  1. What will I receive?

    BusinessesForSale.com is committed to protecting your privacy. Ticking this box means you are consenting to us sending you marketing emails.

    You will receive newsletters, updates and offers about business and franchise opportunities. We will also send you information about related business and franchise events.

    You can change your mind at any time by clicking unsubscribe in the footer of our emails.

    Find out more about what we do with your information in our privacy policy.

By submitting this form, you confirm that you agree to our terms and conditions. Please note that BusinessesForSale.com will send the above details to Absolute Business Brokers. For more information about how we use your data, read our privacy policy.

Selling a business?

If you own a business and are considering selling, visit our Sell a Business section. Limited Trial available.

Sell Your Business