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Iconic Seaside Restuarant Cocktail Bar For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R6,600,000 Furniture / Fixtures included
Sales Revenue:
R9,600,000
Cash Flow:
R3,120,000

Legendary eatery and cocktail bar.
Premium seaside location, on the water's edge in the South Peninsula.
Ideal for a seasoned owner operator.
Turnovers are normalizing - the location justifies turnovers will reach what they were pre covid.

Property Information

Real Estate:

Lease

Location:

Premium location - on the water's edge in the Southern Peninsula.

Business Operation

Reasons for selling:

Retirement

Employees:
Twenty-eight
Years established:
Twenty-one

Other Information

Furniture / Fixtures value:
R1,500,000 - included in the asking price

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