- This long-established watering hole operates 7 days per week
- Light meals such as burgers and pizza also on offer
- TV screens as well as a pool table keeping patrons occupied
- Owner operated and assisted by 3 members of staff
- Popular venue with locals living in the area as well as passers by
- Average monthly Turnover +/- R360 000
- Average monthly net profit +/- R70 000
- Monthly rent inclusive of security and all normal utilities – R35 000
- Staff salaries total – R12 000
- Owner selling because he has other business interests
- Asking Price – R1.5 million
- Asking Price:
- R1,500,000 Furniture / Fixtures included
- Sales Revenue:
- R4,320,000
- Cash Flow:
- R840,000
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
R420,000 per annum
Business Operation
- Reasons for selling:
-
Owner is pursuing other interests.
- Employees:
- 4
- Years established:
- 24
Other Information
- Support & training:
-
Full handover by owner.
- Financing available:
-
No.
- Furniture / Fixtures value:
- R200,000 - included in the asking price
- Inventory / Stock value:
- R100,000
