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Restaurant for Sale
Tgoldman
#1 Posted : Sunday, April 20, 2014 2:47:54 AM
Rank: New-farer


Joined: 1/16/2012
Posts: 56
A prime restaurant in Hurlingham is on sale for 16M ONO. This price includes goodwill,brand and business. It sits on 4,400sq2 land and has a potential turnover of 4.5M per month.

Facilities included are restaurant and restaurant equipment, modern kitchen, bar, furniture and fittings, 30,000lts underground tank, backup generator, spacious parking lot, on the main road.
Any takers or referrals?
newfarer
#2 Posted : Sunday, April 20, 2014 7:33:04 AM
Rank: Elder


Joined: 3/19/2010
Posts: 3,504
Location: Uganda
29 posts in 2 years !! who will trust you.you might get the $$ and disappear again.

why are you selling such a prime potential property at a throw away price?
restaurants net profit is normally 30% of turnover. so4.5m turnover per month will mean a payback period of less than a year
punda amecheka
Rankaz13
#3 Posted : Sunday, April 20, 2014 11:49:07 PM
Rank: Elder


Joined: 5/21/2013
Posts: 2,841
Location: Here
newfarer wrote:
29 posts in 2 years !! who will trust you.you might get the $$ and disappear again.

why are you selling such a prime potential property at a throw away price?
restaurants net profit is normally 30% of turnover. so 4.5m turnover per month will mean a payback period of less than a year


Potential, not actual.
Life is like playing a violin solo in public and learning the instrument as one goes on.
Tgoldman
#4 Posted : Tuesday, April 22, 2014 1:05:00 AM
Rank: New-farer


Joined: 1/16/2012
Posts: 56
newfarer wrote:
29 posts in 2 years !! who will trust you.you might get the $$ and disappear again.

why are you selling such a prime potential property at a throw away price?
restaurants net profit is normally 30% of turnover. so4.5m turnover per month will mean a payback period of less than a year



Newfarer I do believe as an either lead or prospective buyer you are entitled to do your own due deligence before giving anyone money. Nevertheless if you are keen to view do let me know. Cheers
hamburglar
#5 Posted : Tuesday, April 22, 2014 4:46:15 PM
Rank: Member


Joined: 12/17/2011
Posts: 887
Tgoldman wrote:
newfarer wrote:
29 posts in 2 years !! who will trust you.you might get the $$ and disappear again.

why are you selling such a prime potential property at a throw away price?
restaurants net profit is normally 30% of turnover. so4.5m turnover per month will mean a payback period of less than a year



Newfarer I do believe as an either lead or prospective buyer you are entitled to do your own due deligence before giving anyone money. Nevertheless if you are keen to view do let me know. Cheers



How do we get in touch with you? Please provide me an email address if you don't mind. Thanks.
Tgoldman
#6 Posted : Thursday, April 24, 2014 1:09:11 AM
Rank: New-farer


Joined: 1/16/2012
Posts: 56
yonis.hassan81 at gmail dot com. Looking forward to hearing from you hamburgler. Cheers.
accelriskconsult
#7 Posted : Wednesday, April 30, 2014 3:36:45 PM
Rank: Member


Joined: 4/2/2011
Posts: 629
Location: Nai
Is this Kula Corner by any chance?
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