Summary
Franchise restaurant for sale in JHB North. Popular, well established and booming area, ready for the world cup and more. Located just outside an ever growing and hugely popular shopping centre. Surrounded by hussle and bussle of the corporate world and a jump away from residential areas. Very popular restaurant offering a wide choice of meals from pizza, pasta, meat, seafood. Fully Licenced. The restaurant seats 150 to 200 people, and accomodates an inside floor area of 194m2 and an outside area of 60m2.

The outlet has been established for 17 years and 3.5 with the current ownersIf ever there was a prime opportunity to get into the hospitality industry, this should not be missed. The franchise is one of the best known brands in SA. Currently the owner is involved in the business on a daily basis. He is willing to sell 100% the business and has also offered to remain on as a working partner/shareholder at smaller %.

Excellent Franchisor branding and advertising via TV, Radio and print media. Great community involvement. With other restaurants and plenty of shops nearby makes for a great atrraction and plenty of passing trade

The business is VAT registered. There are FEB 2008, FEB 2009 and Managemnet accounts until FEB 2010 on file. There is also the turnover report from the franchisor since Jan 2006. All income and expenses can be varified.

Staff complement - 17 staff - 2 Supervisors, 2 Barmen, 5 pizza chefs, 2 grillers, 2 pasta chefs and 2 general workers.

Current lease ends 2011. New lease can be negotiated( 9%esc)

Trading hours Mon to Sun 11h00 to 22h30 Sat and Sun to 23h30.

194m2 inside and 60m2 Outside

All equipment is in perfect working condition and a list is on file

Prime site in a prime centre. Excellent corpoarte and residential surroundings. Price is R3.3m incl stock and netts +- R102 000 PM