This profitable sports bar holds a liquor licence and permits the operation of 5 gambling slot machines. It boasts an exciting atmosphere and offers a diverse menu. This is the only venue in the area that has this gambling license and draws residents and gamblers from the broader vicinity. This bar has great potential for a new owner who is looking to expand the operation and fully utilise the premises, as it has capacity to introduce 15 more gambling slot machines into its facility. With a steady stream of people looking for entertainment, the business has the opportunity to further enhance its food offerings.
- Asking Price:
- R850,000
- Sales Revenue:
- R948,000
- Cash Flow:
- R184,000
Property Information
- Real Estate:
-
Lease
- Leasehold Rent:
-
R201,000 per annum
- Location:
-
This is the only venue in the area that has this gambling license and draws residents and gamblers from the broader vicinity.
Business Operation
- Expansion Potential:
-
The business has great potential as it has capacity to introduce 15 more gambling slot machines into its facility.
- Reasons for selling:
-
Owner is pursuing other business opportunities.
- Employees:
- 5
- Years established:
- In buisness for over 8 years
Other Information
- Support & training:
-
To be provided.
- Inventory / Stock value:
- R45,000
