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Iconing Night Club In Cape Town For Sale

Cape Town, Western Cape, South Africa
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R12,000,000
Cash Flow:
On request

Pink Candy – The largest gay premium nightclub in Cape Town!

ZAR 5M to ZAR 6M profit every year. Highly profitable business.

An exceptional opportunity to acquire one of Cape Town’s most iconic and established nightlife venues. Pink Candy is a well-known, high-energy LGBTQ+ nightclub with a strong brand, loyal clientele, and prime positioning within the city’s nightlife scene.

Location:

  • City: Cape Town
  • Area: De Waterkan,
  • Lease remaining: Busy renewing the lease 5+5
  • Monthly rent (New Lease): R 76,500 Excl. VAT (R150/m²), utility bills and prepaid electricity

️‍ Concept & Positioning

  • Largest gay nightclub in Cape Town
  • Strong local and international reputation
  • Regular themed nights, DJs, performances & events
  • Popular with locals, tourists, and the broader LGBTQ+ community

Venue Details

  • Total surface area: 520 m²
  • Indoor capacity: 400+ guests
  • 1 bar, 25m long with 4 POS
  • VIP areas: Yes
  • Sound & lighting system: Included
  • Licences (liquor, entertainment, etc.): Valid and to be renewed every year

Financial Overview

  • Annual turnover: R 15M
  • Annual profit (before taxes) : R 5.8M
  • Total number of staff: 20 to 25
  • Management: 2
  • Bar staff: 10-12
  • Security: 8 + 2 front desk hosts
  • DJs per night : 5
  • Payroll cost per week: R 65K

Growth Potential

  • Expansion of event programming
  • Corporate & private events
  • Brand partnerships & sponsorships
  • Daytime or early evening activations
  • Merchandising & digital presence
  • Reason for Sale : Relocation
  • Asking price: Negotiable
  • Included in the sale: Business goodwill, Brand & IP, Equipment & fittings
  • Stock included: Yes

Serious inquiries only

Confidential information will be shared upon signing an NDA.

Broker contact: Gilles Blanc, Esus-Consulting, [email protected]

Property Information

Real Estate:

Lease

Lease Terms:

Excl. VAT, utility bills and prepaid electricity

Leasehold Rent:

R780,000 per annum

Location:

Cape Town

Business Operation

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

Relocation

Trading hours:

Saturdays and Sundays
10pm to 4am

Employees:
20-25

Other Information

Relocatable:
This business can be relocated