Seafood Restaurant For Sale
Location Tanzania
Asking Price Range $500K - $1.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 2004
Number of Employees 10 - 19
Relocatable No
Number of Employees 10 - 19
Real Estate Leased
Training Yes
Reason for Sale Owners retiring
Description Seafood Restaurant for sale in sunny Dar es Salaam, Tanzania. Best location in town, meters away from waterfront, in a small shopping center next to a hotel. Outside seating on a beautiful terrace, surrounded by palm trees. Can accommodate up to 96 customers at a time. Open for dinner only during the week, lunch and dinner in week-ends. No slow season, operates 365 days a year since 2004. Fully equipped and stocked, fully staffed and managed. Average net profit: 200,000 USD a year, you can make your money back in less than 3 years. All leases and licenses in place. No debt. The current owners will assist with all necessary paperwork and transition.
Tanzania is English speaking, has a large and varied expat community and the locals are very friendly. Life is laid back, domestic help is inexpensive. Good health care and schools available. Beautiful Indian Ocean with ever-warm blue waters makes for great diving, sailing, fishing and other water sports. Hunting and wildlife viewing just couple of hours drive away.
For inquiries, email Dana
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