Restaurant Business Profile (PRIVATE
AND CONFIDENTIAL)
BUSINESS INVESTMENT OPPORTUNITY
Investors are invited to Invest into this Business venture. We
now offer a return of 2 % on your Investment per month (24% per
annum), with
shareholding in the Business as collateral. Your Investment in
the Business will in part be used to finance the transaction and will be
credited to your Business loan account on which you will
received monthly interest. Based on an Investment of R1 Million
you can expect to receive R20,000 paid directly into your bank
account, at the end of every month.
WE CAN ONLY
ACCOMMODATE 9 SHAREHOLDERS IN THIS VENTURE. We
encourage interested parties to act quickly to avoid
disappointment. Do bear in mind that you are investing into
a well established business which has been running successfully
for over 20 years.
The cost per 1% share in the restaurant
is only R36,000. We can also cater for smaller investments
from R50,000. Only 75% shareholding is still available in
this
opportunity.
To request us to contact you click
here:
To reserve your shares click
here:
Established in the eighties this restaurant has been a landmark in the
dining-out community of the capital city.
The
restaurants logo suggests, we offer “intimate, affordable and exciting
dining” and we have added the “pure style, pure fun and pure
enjoyment” element! Recently renovated and upgraded the
restaurant owners are proud to have created a balance between
the traditional and the modern dining-out experience,
specializing in fantastic food, professional service, personal
attention and a tremendous atmosphere.
With a dynamic, energetic and motivated team the owners have
taken a restaurant that’s stood the test of time and breathed
new life into it. The first impression of the newly revamped
entrance is that it is fresh and clean cut. A combination of
modern splendor with original Victorian touch gives the
restaurant
the perfect balance between
“Pure style, pure fun and pure enjoyment”
This vibrant, exciting, trendy and beautiful restaurant is
definitely worth a visit. Ample parking and its central location
makes the restaurant a great place to dine or to meet friends in
the cozy lounge. Our extensive menu and huge selection of
carefully selected South African and international wines will
satisfy the most discerning patron. The Restaurant, Art
Gallery and Lounge is open for lunch and dinner, Mondays to
Fridays and for dinner on Saturdays and for lunch on Sundays.
The restaurant
is popular for the unforgettable dining experience it
offers, whether dining in the main area or experiencing one of
our private dining rooms. The private dinning rooms make
this restaurant the perfect venue, be it for a quiet romantic evening
or an important business meeting. There are special Set Menus
available for these functions, which provide guests a choice of
a starter, main course and dessert. They are also happy to amend
these Set Menus to suit each customer’s specific requirements.
With a touch of international flair, due to a cosmopolitan team
who created a menu ranging over a wide spectrum, from fresh fish
and seafood, delivered daily, to meat specialties to venison to
vegetarian dishes, from Chateaubriand to Crepe Suzette, it is no
wonder that the restaurant attracts the most selective of diners.
We are proud to have established our restaurant as one of the
truly popular legendary restaurants in Pretoria!
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Address:
Pretoria East, South Africa
The restaurant cater for the up market segment of Pretoria’s
Business, professional, legal, governmental , ambassadorial,
dignitaries and residential communities. Many Diplomats,
Advocates, Lawyers, Senior Business owners, the corporate
leaders as well as Government Ministers are frequent clients of
the restaurant.
Today
the aged old tradition still continues with its highly
experienced and very capable team incorporating the essence of
fine dining in every aspect.
Upgrades
and Revamp: The current owners of the restaurant recently spent
R320 000 doing changes and upgrades in the restaurant. Dry walls
were replaced with classy looking glass in most of the Private
rooms. Two shop front walls were also broken out and replaced
with large concertina windows and large glass doors which can in
seconds be opened or closed. All chairs in the restaurant were
replaced with expensive, classier chairs.
The shop now
also prides itself with a lovely outside wooden deck with
umbrellas, creating a stunning festive atmosphere. This facility
lends itself perfectly to musicians playing classy quality music
at certain predetermined times during the week and for clients
enjoying sundowners
Function
Rooms: The restaurant boast with 7 Private Function rooms
including a large Functions/conference room with seating for up
to 40 people, a separate entrance and an overhead projector.
These rooms
are very popular with clients and are often fully booked out by
customers. Customers are not charged for the use of the
Function rooms.
Function Room : 10-40 Guests
The
Customer Base: The average customer base is older, more
established people. The current database contains the names and
contact details of more than 3 500 clients. It is currently not
as effectively used as a Marketing tool as it should be. We do
plan to use it much more effectively.
Seating
Capacity: The restaurant is licensed to have 200 seated
customers while there are currently 150 seats inside plus 30
seats and tables outside on the deck.
Staff:
Some of the older kitchen staff have been with the restaurant
since it’s opening over 20 years ago. They are well experienced;
older people who knows and do their job very well.
Management: Two new
managers have recently been employed, one for the kitchen (well
trained guy) and a floor manager. These two managers will remain
with the business. One new manager will be employed with take
over.
I Louis
Kearney, with all my years experience in various Businesses,
will be responsible for the direct management and operations of
the Business. Linda van
Blerk will fulfill the function of one owner in the restaurant. She is
an absolute perfectionist, super organizer and very able lady
who will maintain a very higher standard in the store. She will
be employed as the General Manager in the restaurant during
office hours. She is currently directly involved in the Due
Diligence processes of the restaurant, checking and verifying
every single invoice and every possible aspect of the business.
Insurance: The Business is
comprehensively insured and the Insurance is active.
Financial
Statements: Audited Financial statements are available on
request.
Management
Accounts: The Businesses Management accounts including all
expenses and sale figures, have been carefully scrutinized for
the period 1 Jan 2009 till end February 2009.
Equipment
on Lease: Only one Fridge. Everything else is owned and
paid for by the restaurant
Cash Flow:
More than 80% of all sales are paid by Credit Card. This does
mean that Credit Card Fees are quite high but it does save a lot on
Cash Bank deposit fees.
Payments
to suppliers: All Suppliers are paid on Sunday afternoons
by EFT.
Operating
Hours: The restaurant opens
at 11.30 daily for lunch and closes in the afternoons after
lunch (15h00 till 17h00) to give staff a lunch break. Kitchen
then opens again for Supper at 17hoo till late.
Point of
Sale System: PACHSOFT point of sale system is used.
Liquor
License: The license is valid and has recently been renewed.
Internet
and WI-FI connections: The restaurant does offer the
facility for customers to surf the internet Free of Charge-on a
password basis.
Music:
A large categorized database with different genres of
music is available for different times of the day and the age
groups of customers in the restaurant. There is also DSTV
available in the Bar area. Sport can also be played on the big
screen in the conference rooms using the built in projector.
Marketing:
One part of the Business which has been neglected, is Marketing.
We plan to market the business very effectively. This may
include special events such as “Potjiekos” days and other fun
events.
Private
Rooms: The Conference room can easily
accommodate 40 patrons. It has full conference facilities as
well as an overhead projector and separate, large sliding doors,
entrance leading to the outside patio and deck.
Scope for
Improvements:
1. The restaurant can
and should offer a decent breakfast menu. It will mean
few more staff on a further shift, but the outside deck lends
itself perfectly for a good Breakfast, especially in the summer
months.
2.
The current owners
have been working long and hard for many years and they are
tired. New owners and management will bring new life into
the business bringing a sense of excitement and freshness which
will be picked up by both clients and staff.
3. The menu will
essentially remain the same – why change a winning formula, but
we will enhance the menu with new specially tested items.
4. We plan to place
quality advert signage on municipally approved poles at
strategic positions with directions to the restaurant.
Tax
payments: A Tax clearance certificate had been obtained
from S.A.R.S.
BAR: The bar is not used as a public local drinking spot.
Misbehaving patrons are quickly requested to leave. This is a
restaurant with a Bar, not a Bar with a restaurant
Assets:
The asset register of the Business is available including
all equipment and furniture, computers, printers and serial
numbers.
Alarms:
The business has a full Alarm system with panic buttons linked
to an Armed response unit. After 10 at night the security gate
is locked to secure staff and patrons.
Lease:
The existing lease agreement is being extended until the
current lease lapses in two years time. An option to renew is in
place. A new lease agreement will then be entered into.
Suppliers:
We will continue using the existing suppliers.
Credit
Card machines: Mobile Credit Card machines are rented from
Nedbank.
Staff
Union: Staff belongs to CUSA Workers union. There are no
outstanding legal or other staff issues.
Cash flow:
Provisions have been made for extra stock, emergencies and
break downs.
Due
Diligence: A thorough Due Diligence comprising 101 Questions
have been completed covering Legal issues, Staff, Taxes,
Management, promotions, stock control, Marketing, security and
much more.
Waiter
Commissions: Waiters work on commission and receive their
commissions at the end of every shift.
Cash flow
requirements: R450,000 has been budgeted
Food Cost:
The food cost is at a healthy 40.95%.
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Financial Information:
All
Figures are based on the past 10 Months and EXCLUDE VAT
Turnover
Average :R 500,000 (EX VAT) with a Food cost
of 40%
and a NET Profit of around R
100,000 per month after all expenses are paid
Average plate Cost per person:
R100 to R150
Trading hours: Monday –
Friday Lunch 12:00 – 15:00 Dinner 18:00 – 22:00
Saturday Dinner: 18:00 – 22:00
Sunday Lunch: 12:00 – 15:00
Food Types: Local and
Global / International including Seafood, Grills, Salads and
game