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Cape Town / Western Cape

St Francis Bay Restaurant at the Port for sale
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Date Listed 07/05/2012
Price R 382,000
Address St Francis Bay, South Africa
For Rent By Agency
St Francis Bay Restaurant for sale. Prime holiday destination and an excellent business opportunity to start before the summer season.

Included in the sale

" R80 000 for equipment and assets
" R40 000 for stock
" R250 000 goodwill and position of business

Existing agreement in place with the landlord which is summarised as follows:

" R1500 per month over the next 4 years to pay off all the assets and equipment of the business (or the potential buyer could negotiate a once off with the landlord on this value)
" R3500 per month rental for the business premises at the port and the use of the Hotel pool for a cocktail area

The Susan Deacon Property Group - ID5854

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