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Established Cocktail & Tapas Bar In Cape Town For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R950,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
Cash Flow:
Under R100K

Opened in Jan 2023 and traded as a vegan cafe but later rebranded with a cocktail bar and tapas menu. An ideal corner location in a vibey upper Cape Town area that is popular with restaurants, tourists, guesthouse and backpacker lodges.

High quality equipment and furnishings.

Bedouin awnings covered the courtyard.

Website and Instagram.

The owner was still building her business dream when the employment opportunity came to emigrate.

An ideal location and opportunity to take over an establishment and continue or build your own brand....or just purchase the assets.

Note: Seller would also consider a sale of the company shareholding that will have the benefit of no creditors/debtors, an assessed sector trading loss and a substantial loan account (about R1,5 mil) ceded / owed to a new director/shareholder.

Sole mandate priced at asset value.

Property Information

Real Estate:


Lease Terms:

Expires May 2027

Leasehold Rent:

R282,480 per annum


An ideal corner location on a busy main road in vibey upper Cape Town city bowl.

Premises Details:

89 sq.m interior + 250 sq.m courtyard under a bedouin tent

Business Operation

Reasons for selling:

Owner husband has an employment opportunity overseas

Years established:

Other Information

Support & training:

Owner will provide training and support

Furniture / Fixtures value:
R1,240,000 - included in the asking price
Inventory / Stock value:
R5,000 - included in the asking price
This business can be relocated.