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Established And Popular Nightclub In The Cbd For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R900,000 Furniture / Fixtures included
Sales Revenue:
R1.5M - R3M
Cash Flow:
R500K - R1.5M

A nightclub based in the heart of Cape Town is for sale. The club was renovated towards the end of 2019 and ready to open its doors to the public. With 2 balconies and the possibility of a roof deck, this is not to be missed. The club is not currently operating but the owners are looking at opening in the next 3 weeks.

Get in now and enjoy the benefits of the season which is fast approaching.

Possibility of a partnership with the current owner, however, he will not have time to be involved.
Limited info available as the club only operated under new owners for 4 months before lockdown.

Property Information

Real Estate:

Lease

Leasehold Rent:

R600,000 per annum

Location:

The nightclub is located in a prime high street location in the heart of Cape Town's CBD

Premises Details:

The premises is newly renovated and is a double story with balconies on both floors. There is the possibly of expanding onto a roof deck which will provide amazing views of the city.

Size in square feet:
450sqm

Business Operation

Reasons for selling:

F0cus on other opportunities

Employees:
12

Contact Information

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