Ref. No - BFS00387
South Africa, GautengRef. No - BFS00387
Sector - Food
Summary
Land mark Portuguese restaurant for sale in bedfordview. winner of numerous awards.
Give me more informationFully describe the business's activities?
the buiness is a land mark in the bedfordview area and has been operating since 2021.
How long has the business been established?
5 years
Give a breakdown between sit-down, takeaways and deliveries
95% sit down
Is the business VAT Registered?
yes
How many employees?
12
Give a breakdown of staff/ functions?
2 managers
5 kitchen
1 bar
6 waiter
How involved is the Owner in running the business?
no involvement
When does the current lease end?
2034
Is there an option of renewal & what period?
10 year
What is the annual escalation %?
6%
What is the square meters of the business?
420
Is a copy of the lease available?
yes
Do you require a licence?
liqour licence till 4am
What lease deposit and/or other surety is required?
R125k rental deposit
What are the main assets of the business?
build out cost was R 9 million in 2021
What is the reason for the sale?
concentration on other buinesses, which has led to a drop in turnovers. needs a hand on owner
Why is this a good business?
it is an established buiness in a prime location with a vey good rental and lease term. a hands on owner can take it back to its glory days. expenses breakdown: rent all in: R115k, gas R9k Salaries R75k
Access to the number one business broking tool to get your business sold.
We've got you covered!
We offer an innovative and intuitive
solution for selling your business, franchise and premises
Promote
your business for sale
Reach
the right audience
Gain
more exposure
More businesses you may like
More similar, inspiring businesses for sale
Profitable Casual Dining Opportunity Offering Quality Seafood and Multiple Revenue Streams
1,600,000
YNP - R 621,582
Turnkey device care and Portuguese cafe in high foot traffic area of Johannesburg
3,750,000
YNP - R 1,277,294
Portuguese restaurant located next to one of South Africa's biggest rugby stadiums, Pretoria..
6,300,000
YNP - R 4,557,290
Knowledge Bank
Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business
Buyers
What Your Numbers Say Before You Open Your Mouth
Your financial statements speak long before you do. Discover why clean, accurate financial records b
Build a Business That Can Run Without You
A business that relies entirely on its owner is harder to grow and more difficult to sell. Learn why
Businesses Under R500,000 Worth Buying in South Africa
Owning a business may be more affordable than you think. Discover the types of profitable businesses
Sellers
What Your Numbers Say Before You Open Your Mouth
Your financial statements speak long before you do. Discover why clean, accurate financial records b
Build a Business That Can Run Without You
A business that relies entirely on its owner is harder to grow and more difficult to sell. Learn why
Business Trends in South Africa for 2026: Opportunities for Entrepreneurs and Investors
Discover the key business trends shaping South Africa in 2026 and uncover opportunities for entrepre