Squires On The Dam In Hartbeespoort For Sale



Property Information

CODE : PP4892
Asking Price : R3,000,000.00
Ownership : Freehold


Monthly Net Profit: ±R100,000 – Excluding Hotel

Rent: R60,000 per month
Escalation: 6% per annum
Lease Details: 5½ Years
Store Size: ±550m²
Seating: ±400
Trading Hours: Monday to Sunday: 11h00 – 21h30
Monthly Turnover: R790,000 per month
Financials Available: On Request From The Seller
Franchise/Joining Fees: Nil
Royalties: Nil
Advertising/Marketing Fees: Nil

Non – Franchised. This legendary steakhouse has an extensive a la carte menu brims with grills, seafood and succulent meat dishes, all accompanied with hearty side dishes and refreshing drinks. The Business Includes the Lake Motel with additional profit of ±R40,000 per month. This is an ideal opportunity for a young quality operator to take this business to a new level.

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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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