Well know and familiar Pub and Grill for sale. Has been same location for ages and many years , therfore well know by the local comunity.
- Asking Price:
- R850,000 Furniture / Fixtures included
- Sales Revenue:
- R1.5M - R3M
- Cash Flow:
- Under R100K
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
The lease is currently just ongoing but depending on buyer how long he prever to sign
- Leasehold Rent:
-
R235,000 per annum
- Location:
-
Based on a corner where loads of traffic comes past and close to local shops and N1/N4 to reach access.
- Premises Details:
-
Premises are well looked after and was neawly renovated this year for cleaner look.
Business Operation
- Expansion Potential:
-
The property , kitchen and floor space is large to do any renovations needed to accomidate your look and needs
- Competition / Market:
-
There is only 2 local pubs in the area but its not really competitive since the other pub is really small and dont have facilities needed for clients. Out client base are strong and permanent.
- Reasons for selling:
-
The owner no longer stay in Gauteng area and fly up and down to keep track of the income. The owner no longer wants to travel and management is not always trustworthy with your cash.
- Trading hours:
-
10am till 2pm everyday
But sometimes in week we close earlier depending on how many clients in pub at that stage.
- Employees:
- 5
- Years established:
- 38 years plus
Other Information
- Support & training:
-
Training will be provided
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
-
If a large deposit can be made agreement for down payments monthly payments can be made depending on person and finacial capacity and deposit amount
- Furniture / Fixtures value:
- R950,000 - included in the asking price
