• 3
  • 188 m2
  • 1 050 m2

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Mun. Rates & Taxes: ZAR 1092.00

Monthly Levy: ZAR 3674.00

Property description

This popular theme restaurant located on Jeffrey's Bay main beach, Dolphin Beach with blue flag status, and major tourist attraction is up FOR SALE, inclusive of ALL furniture and equipment. (Full inventory available.)

SELLING PRICE IS NOT SUBJECT TO VAT, BUNDLE DISCOUNT AVAILABLE, enquire by email or WhatsApp for details.

This stunning 60's Diner has been running, going on 5 years, seating 120 patrons. (80 inside and 40 outside on the deck).

The current owners have poured their passion for Elvis and the music idols throughout the 60's into this popular restaurant with his collection of authentic memorabilia, all included in the sale.

They offer a wide affordable selection of food and drink items, even attracting regulars from Port Elizabeth and surrounding towns. On weekends and in season, a live band plays and props to dress up with wigs and Elvis shades, making this a unique place for a function and fun party. Weddings are also catered for.

The premises comprises of booths, real Diner style, loose tables and chairs, a fully stocked bar and ice cream and milkshake parlour. The kitchen is well equipped. There are 2 cold rooms and 2 storerooms. Included in the space are Male and Female bathrooms and separate paraplegic toilet, situated at the back of the property. The restaurant is also wheelchair friendly.

Included in the SALE, the new owner would provide a fully staffed compliment, made up as follows -

1 floor manager in front, who's been with them for 4 years. 4 waiters, 6 kitchen staff and 1 kitchen manager. The owner will provide training for 1 week, and willing to assist wherever needed. The restaurant will also be fully stocked enough for a 1 month period.

All necessary zoning, Fire Safety Compliance and liquor license is in place.

Adjacent to the Diner are 2 more Commercial premises, made up of 42 and 55 sqm, currently tenanted. Each with a pre-paid power meter.

**Please enquire about the BUNDLE DISCOUNT if purchasing ALL THREE premises.**

Keep in mind that the listed price for the restaurant includes the business and the property.

The 2 adjacent Commercial premises will just be for the properties. The current tenant would like to stay on, as she is running a successful Hair and Nail Salon, and paying a monthly rental (on request).

Located above the Diner is a beautiful, upgraded modern spacious 3 bedroomed apartment, also FOR SALE, also allowing AirBnB hosting.

Peak season is from November to January. Currently trading hours do not extend later than 6pm. Profits can be increased by staying open until late and new owners would benefit by paying attention to aggressive marketing and social media promotions. 

SERIOUS BUYERS to sign a MUTUAL NON-DISCLOSURE form in order to obtain FINANCIALS.

Jeffrey's Bay is a popular tourist destination and a mere 70 km's from Port Elizabeth. Not only does it get busy over school holidays but also hosts the WSL JBay Open, attracting many overseas tourists during the month of June.

Jeffrey's Bay has also become a good and popular alternative for families migrating from Gauteng, as it is a safe and beautiful destination with affordable property prices, and the absolute friendly, warm vibe. Unlimited outdoor activities and a healthy lifestyle are attracting buyers, getting away from the rat race. Weekly 100's of runners meet for the Park Run event at 8am every Saturday. The event takes place at Global Leadership Academy, Outeniqua Drive, Fountains Estate. This school, is one of many good schools to choose from. Besides this being a surfing hub of South Africa, fishing is becoming increasingly popular.

The Fountains Mall , the largest shopping mall within a 65 km radius, it is strategically based in the Fountains Estate just off the N2, entering Jeffreys Bay. This +-32 000m² shopping mall, since opening its doors in October 2008, has enjoyed exciting and steady growth with the addition of several new stores to the centre. Customers’ appreciation of the larger offering of stores is further reflected in the continued growth in both foot traffic and turnover and this progressive trend is expected to continue in future.

Jeffreys Bay's 2024 population is now estimated at 53,030. In 2001, the population of Jeffreys Bay was 16,177. Showing positive growth. This definitely is a contender for the investor.

The Kouga Municipality and Mayor are very proud of their Gem in this region. While the region has traditionally been characterized by economic activities largely focused on tourism and agriculture, the area has been positioning itself as one of the energy hubs of South Africa. Various wind farms are already in operation (with more to follow), while several renewable energy projects are in the pipeline (including solar and biomass).

THE PREMISES IS MADE UP AS FOLLOWS -

  • 80 seating inside made of 6 Booths, loose tables and chairs
  • 40 outside seating on the front decks with 6 Umbrella stands and 14 Umbrellas
  • 1 Kitchen, 2 cold rooms, 2 storerooms
  • Fully equipped Bar
  • Ice cream and Milkshake station
  • Front Desk with display table
  • Stage
  • Bathrooms - Male, Female and Paraplegic

I look forward to assisting you.

VIDEOS ON REQUEST 

Property Details

  • 3 Bathrooms

Property Features