Seafront Iconic Restaurant , Lucrative, Managed – Whale Coast
REFERENCE NUMBER
L161025
SELLING PRICE
R22,000,000
TURNOVER
R 2 850 000 per month
NET PROFIT
R 380 000 per month
Summary
Rarely does an opportunity of this calibre become available. This isn’t just a restaurant; it’s an iconic, immensely lucrative, management-run business occupying a prized seafront location in one of South Africa’s most popular, high-end towns.
For the discerning entrepreneur or investment firm, this represents a truly passive income stream. The current owner has perfected an operating model where a highly competent, established management team handles all day-to-day operations, ensuring seamless performance and consistent profitability without requiring the new owner’s daily presence.
The financials are compelling, confirming the business’s status as a top-tier performer in the hospitality sector, underpinned by strong, verified revenue streams. The unique value proposition lies in its combination of a prime, irreplaceable location with a proven, profitable, and scalable system.
Acquire a legacy asset that guarantees high returns and offers unparalleled status in the market. Invest in success; invest in this landmark business.
Selling price R 22 000 000.00
Monthly turnover R 2 850 000.00
Monthly profit R 434 000.00 per month to owner before tax