Very Busy Nightclub & Bar – Very Popular!!

R 1,995,000

Overview

  • Property ID
  • 3027

Property Description

About this Business: This house of entertainment offers multiple bars, dans floors, pool tables, national and local artists performing on a regular basis and so much more.

History: This club was established more than 30 years ago with a great history. Not only well known to the locals but also very familiar to all our holiday makers.

Staff: Whilst the current owner manages all the day-to-day duties, staff, stock, admin; all the staff is well trained, in place and ready for the new owner to take the lead.

Scalability: This business is extremely scalable and has ample room for growth. These options will be discussed with qualified candidates.

Figures: Annual revenue around R5,8million.

Licences: All licences required are intact and valid.

Assets: The asset inventory is valued at R917,000.

Reason for Selling: New Ventures.

Selling Price: R1,995m (excl VAT & Stock)

Other Features
Premises Leased

Property Id: 3027
Price: R 1,995,000
Monthly Turnover: R500,000
Monthly Profit: R70,000
ROI: 40%

Contact Me

You can reply to private messages from "Inbox" page in your user account.

Compare Listings

Trevor Young – B.Comm (LAW) LLB