Home Businesses For Sale Mandate #38078
Mandate: 38078
Added: 03 May 2026
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Eastern Cape restaurant with 19 slot machines well established and very profitable.

Asking Price
R 8,410,000
ZAR
Monthly Profit
R 219,659
ZAR

Summary

This popular coastal destination restaurant with slot machines offers a relaxed holiday feel with attractive river views, indoor or outdoor dining. Idea venue for a morning breakfasts, teas or afternoon dining. The Slot machine owners together with the owner of the business en sure that the stringent management and controls required by the licensee are adhered to. The business requires strong and dedicated management with strict criteria as requirement by the Eastern Cape gambling board. The slot owners gave the business a glowing report at their last audit. It would benefit significantly from being owned and managed by an experienced restauranteur, ideally a younger couple who could share the responsibility and extended operating hours…… the slot machines offer late evening operations and 24 hours on a Saturday. The restaurant is trading below breakeven as the current Owner previously had an experienced restauranteur managing that side of the business which is not his personal forte. Conveniently situated near the main shopping hub, it serves as the perfect break for shoppers or a gathering place for friends and family. The restaurant itself offers much more development potential and an ideal venue for functions and promotional activities such as pensioner specials, wine tastings, wedding receptions etc The outdoor waterside seating offers tranquil views and an ideal place to while away the day. Please note that Proof of Funds are required before any confidential information can be shared.

Business Details

Full business information is available to registered buyers. Contact Rynhardt to receive the complete information memorandum.

History & Background
Present Market
Financial
Staffing
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Assets
S.W.O.T. Analysis
Reason For Sale
Conclusion

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