Italian Restaurant For Sale

R3,800,000.00

Ballito, North Coast, Kwazulu Natal

Property Information

CODE : PP4354
Asking Price : R3,800,000.00
Ownership : Freehold


Description

Monthly Net Profit: R157,250

Rent: R50,000 per month
Escalation: 9% per annum
Lease Details: April 2018 Plus Option To Renew
Store Size: 500m²
Seating: 250
Trading Hours: Monday to Sunday: 07h00 – 21h30
Monthly Turnover: R1,100,000 per month

Non – Franchised. This restaurant in Ballito, KZN is a buzzing cafe/restaurant serving real Italian food using the freshest ingredients. Their pizzas are cooked in true Italian style in a traditional wood-fired oven and their wide selection of gourmet pizzas includes something for everyone. Pastas are hearty and wholesome and a broad variety of delicious pastas are available. Great business opportunity for a quality operator.

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Contact the Agent

Billy Constantinou » +27 83 250 2013
[email protected]

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Please Note Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.

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