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Established Bar, Northern Suburbs, Cape Town For Sale

Northern suburbs, Western Cape, South Africa
Asking Price:
R795,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R880,000
Cash Flow:
On request

A rare opportunity to own a beloved local bar with over three decades of profitable operation and a fiercely loyal regular clientele. Fully equipped and operational from day one, this classic pub features:

Atmosphere & Seating: Handcrafted solid wood bar counter with bar stools, plus a dedicated seating section with tables and chairs.

Entertainment: Coin-operated pool table, dartboard, and two TVs already set up for game days. Provision has been made for gambling machines as well.

Refrigeration & Storage: Undercounter fridge, freestanding fridge, freestanding freezer, and a spacious dedicated storage room.

Facilities: Separate male and female restrooms, plus a fully compliant, sectioned-off smoking area fitted with an active extractor fan system. Prepaid electricity and water.

Property Information

Real Estate:

Lease

Lease Terms:

The landlord will draw up a new long term lease with the prospective buyer.

Leasehold Rent:

R76,800 per annum

Location:

Located in corner block along with other businesses.

Business Operation

Management type:
This business is owner operated.
Reasons for selling:

The owner is retiring.

Trading hours:

11:00 - 02:00

Employees:
2
Years established:
30+

Other Information

Support & training:

All training will be provided as well as any support that is necessary for the handing over of the business.

Relocatable:
This business can be relocated