UP MARKET EVENING BAR AND LIVE ENTERTAINMENT- BEDFORDVIEW
SELLING PRICE: R7.5MILLION
STOCK: R150,000.000
Turnover: R16, 500,000.00 PA
NETT PROFIT: R280,000.00 PM
This classy up-market outlet is located in the heart of a highly sought-after entertainment hub of Bedfordview. Being established for over 7 years, this venue has earned an excellent reputation in the market and is in a class of its own with none to match in Gauteng. Customers come to this unique outlet to relax and enjoy watching live Bands play from both local and international Artists.
With two floors covering close to 1000 m2, this evening Entertainment Center provides music event with 2 different Artists on the same night. Specially fitted sound breakers to contain noise levels within the prescribed residential Standards. Whilst the core business is around music, the main revenue is generated from beers, wine, whisky and shots, as well as light pub-like meals.
Attention to solid decor creates an ambiance of fun whilst simultaneously providing an element of privacy and safety. Designed in unique way to accommodate a variety of clientele communities, the venue can accommodate over 500 customers at any event. Whilst this outlet is owner-run, this business provides 32 well-trained staff with department heads to manage a superb outlet. Trading hours are 3pm to late and are closed on Mondays.
