Business For Sale. Franchise Seafood Restaurant Price Reduced

The original set up cost of a new restaurant of this size (in terms of seating and restaurant square metres) will cost approximately R5million. (Smaller sized restaurants set up cost are approximately R3million). This successful restaurant which is approximately 440m2 is selling for R1,9million.

Stock which is estimated at R150,000 will be separate from the selling price, as will be the franchise joining fees. Monthly royalties also apply. Franchise agreement, lease agreement and other financial information is available on file and will be shared with buyers who show intent.

Due to the location of this business, the owners who own and run several other franchise restaurants closer to where they live have made the decision to sell this one.

With over 24 sites throughout the country and 8 in the Western Cape this is one of the leading brands in seafood restaurants. This seafood restaurant is part of a national franchise that first opened its doors in 1997. It has been operational under its present owners since 2005. The location is excellent, situated within a pleasant and busy shopping centre in an affluent area. Surrounding area has many tourists attractions including a stunning golf course.

The décor is pleasing to the eye and although the restaurant seats 210 it still has a warm inviting atmosphere. The restaurant offers diners a diverse choice which includes top class fresh fish, sushi, and teppanyaki. The restaurant is featured on the Dining out website. Weekly specials plus the introduction of breakfast and weekend buffets has shown growth and increased popularity.

There is good support from the franchise head office who have a dedicated team providing day to day operational assistance to all its franchisees. This is also to ensure required levels of excellence and consistency is maintained throughout the group.

If you want to belong to a dynamic franchise group then this restaurant is certainly worth investigating. It recently underwent a revamp to improve and enhance the look and feel of the restaurant, plus offers an established client base in a good location.