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Iconic Bar And Restaurant In George For Sale

George, Western Cape, South Africa
Asking Price:
R2,200,000 Furniture / Fixtures included
Sales Revenue:
R5,000,000
Cash Flow:
Under R100K

For Sale: Iconic Bar and Restaurant in George

An exceptional opportunity awaits with this well-established and extremely well-known bar located on a busy main road in George. Renowned for its delicious pizzas and vibrant social atmosphere, this venue has become a beloved destination for both locals and visitors alike.
This bar not only thrives in the evening but also attracts a loyal early morning breakfast and coffee clientele, making it a versatile and profitable establishment. With a liquor license already in place, the new owner can step into a fully operational business without any delays.

Key Highlights:

  • Proven Track Record: The venue boasts an impressive annual turnover exceeding R5 million, underlining its popularity and strong financial performance.
  • Ideal Location: Strategically positioned on a bustling main road with ample parking, ensuring steady foot traffic and easy access for patrons.
  • Stable Lease Agreement: The business operates under a solid lease agreement, providing security and peace of mind for the new owner.
  • Dedicated Staff: A team of skilled and friendly staff is in place, contributing to the bar’s excellent reputation and seamless operations.
  • WellMaintained Assets: The venue's assets are in good condition, complemented by decor that perfectly captures its unique social vibe.

This is a rare chance for an entrepreneur or investor to acquire a thriving business with a fantastic track record, a loyal customer base, and ample growth potential. Don’t miss out on the opportunity to own this gem in George!

Contact us today for more information and to schedule a viewing.

Contact: Udalali Business Brokers
(Asking Price Excludes VAT)

Asking Price: R2,200,000.00

Property Information

Real Estate:

Lease

Location:

Strategically positioned on a bustling main road with ample parking, ensuring steady foot traffic and easy access for patrons.

Premises Details:

The venue's assets are in good condition, complemented by decor that perfectly captures its unique social vibe.

Business Operation

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

Focus on other existing business ventures

Employees:
15
Years established:
10+

Other Information

Support & training:

Full Hand-over Training and Support will be provided