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Franchise Restaurant
[Code: B3789]
Located in Western Cape
R3'000'000.00
Annual turnover: R7'000'000.00
Net Profit: R800'000.00
Established: 2007

Summary
Busy franchised Italian pizzeria/restaurant in Camps Bay, Cape Town.
Owner / operator required
Customers LSM 7 - 10
Supported by a 17 year old national brand
Size 300 m2
Seats 150
Room for plenty of growth
Unbelievable views of ocean and mountain.

Franchise Details
Marketing fees 2%
Management service fee 3 - 6%

Leasing Details
8 years remaining on lease with a 10 year option

Staffing Details
Owner / operator required
Permanent staff = 20 Back of house
= 2 Management
Casual staff = 12
All staff willing to stay

Asset Details
Fully equipped 150 seater restaurant in pristine condition. All assets are paid for (nothing is leased or on HP). All equipment, furniture and fittings are like new and are of the highest quality

Handover Details
The new owner / operator will have to meet the franchisors standards and requirements. A new franchise agreement and allied documents will have to be signed. The franchisor will train the new owner for up to two months prior to handover. There is full support from the franchisor on an ongoing basis.

Reason for Selling
Current franchisee is looking to sell

Have further questions? Speak to the seller directly:
Name: Michael Terespolsky
Telephone: 0214254778
This business was added to our catalog on Tuesday 15 September, 2009.
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