Night Club Restaurant In Upmarket Area For Sale

Business description

This Nightclub/ Restaurant is establishes since 2000. It is an upmarket area in the north of Johannesburg.
Very well known!! It attracts not only the regular crowd but also every night 'newcomers' and promoters who organize there own parties.
The club has to be seen... one can not describe the beautifully ambiance and décor. Every year the Club/Restaurant gets revamped with the newest lighting equipment as well as modern decorations. Upstairs is the restaurant and downstairs a supper- club as the owner calls it. Only upper-class clients are attracted to the establishment and enjoy a good meal, the incredible music and lighting as well as there cocktails.
The monthly net. profit is high but can still be improved, since the Gautrain will have a stop just next door. A shopping mall is planned to go up in near future, and the hotel up the road will insure a good clientèle during the world cup time.
A excellent and well known business...

Property information

Location:

Situated in an upmarket area in the North of Johannesburg. The décor is modern and stunning. The club is revamped every year with the newest lighting equipment and décor.

Business Operation

Expansion potential:

The Gautrain will have a stop next door. A new mall is in building process as well as the hotels up the road will cater for the world cup in 2010

Reasons for selling:

The owner wants to immigrate

Trading hours:

mon 7.30M - 5pm. Tuesd.& Wed. 7.30am-10.30pm. Thursd.- Sat. 7.30-4am

Employees:

4 chefs, 1 manager 15 waiters, 6 cleaners , 9 security, 12 bartenders

Years established:

The nightclub/restaurant was established in 2000 with the present owner

Other information

Furniture / Fixtures value:

R2,060,000 (included in the asking price)

Inventory / Stock value:

R60,000 (included in the asking price)