Summary
Great opportunity to own a successful street restaurant in a great location on the East Rand.
Give me more informationFully describe the business's activities?
Supported by a committed team, the restaurant operates seamlessly, contributing significantly to its enduring prosperity. Despite economic challenges, its strategic location and effective management have fortified its status as a thriving enterprise. Over its three-year tenure, the restaurant has cultivated a robust brand identity, continuing to flourish in the competitive culinary landscape.
How does the business operate on a daily basis?
What Advertising/Marketing is carried out?
What competition exists?
How could the profitability of the business be improved?
Give a breakdown of staff/ functions/ length of service?
Waiters - between 2 and 5 years experience
Do any have management potential?
How involved is the Owner in running the business?
When does the current lease end?
What are the trading hours?
What are the main assets of the business?
Strengths?
• There is no direct competition in the area
• Situated amongst private schools, Churches and local business
• Potential for growth is unlimited
• Loyal customer base
• Well-developed Name and Goodwill
Weaknesses?
• Dependent on economic climate
• Requires hands on management approach
Opportunities?
• Additional culinary food items can be introduced to enhance customer base
Threats?
• Legislation and Regulation consistently changing makes it a challenging environment to operate within
What is the reason for the sale?
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