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Beachfront Pub For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R6,000,000
Sales Revenue:
R6,400,000
Cash Flow:
R1,850,000

A relaxed, friendly pub in an excellent beach facing location. Appealing mostly to the over-21 crowd. With good music, The business has grown steadily over the last 7 years from humble beginnings to its present position. The owner feels he has achieved his objectives and the pub now needs new blood to exploit significant growth opportunities to take it to the next level.
At present, the business does not supply food. So this represents an expansion opportunity for the incoming buyer.
The business is equipped with an inverter and supplementary water system making it reasonably resistant to electricity load shedding and water restrictions.

Property Information

Real Estate:

Lease

Location:

Table View/Milnerton area

Premises Details:

50 seats plus 100 standing

Business Operation

Reasons for selling:

Business has achieved growth targets. Now needs a new vision for next stage

Trading hours:

10 AM - 2 PM

Employees:
9 (including 2 managers)
Years established:
7 years

Other Information

Inventory / Stock value:
R180,000
Related Documents:

Contact Information

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