021 552 1018

[email protected]

Price Range: From To

Business Description

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.

Business Details

  • Price: R600,000
  • Turnover range: +/- R948 000 p/a
  • Profit range: +/- R184 000 p/a

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owners are pursuing other business opportunities
  • Business history: In business for over 8 years
  • Expansion potential: The business has capacity to introduce 15 more gambling slot machines into its facility.
  • PROPERTY DETAILS:

  • Fixed property included: No
  • Premises Details: This is the only venue in the area that has this gambling license and draws residents and gamblers from the broader vicinity.
  • Rent & lease terms: Rent: +/- R16 750 p/m
  • ASSETS AND STOCK:

  • Assets included in sale:
  • Value of assets:
  • Stock included in sale: No
  • Value of stock: R30 000
  • GENERAL COMPANY INFO:

  • Employees: 5
  • Trading hours:
  • Support & training: To be provided.
  • CONTACT BUSINESS AGENT
    Thurston Hillebrand
    061 408 1553

    Inquire about this business listing