An adult entertainment club operating for 25 years, with gambling machines and a full liquor licence.
It's a 5ha property with a separate bar that operates during the day and then the club at night. It has 25 separate accommodation units on the plot that generate R83,000 per month. Further, it consists of a lodge that has also been operating for 25 years.
The club, part of the accommodation and the main house are already on solar, and there are two boreholes on the property that are in use.
There are plans for a 6-unit complex that can be built on the property.
The owner is the first owner of the property and would like to sell and go on pension as he is 65.
- Asking Price:
- R8M - R15M Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- R500K - R1.5M
- Cash Flow:
- On request
Property Information
- Real Estate:
-
Real Property Included
- Living Accommodation:
-
25 free standing units
5 caravans
3 bedroom main house with pool
- Location:
-
The property is located 5km outside Bloemfontein on the main street as you get of the highway
- Size in square feet:
- 5ha
- Planning Consent:
-
there are A3 plans
Business Operation
- Management type:
- This business is owner operated.
- Expansion Potential:
-
There is planse drawn up to build mor units. The club itself have a lot off space to expand and bring in more fun activities
- Reasons for selling:
-
The owner is running the place for 25 years
Wants to go on pension as he is 65 years old
- Trading hours:
-
The Bar (Uncle Charlies) 10:00 to late
The Catwalk 17:00 till late
Lazy daizy lodge 24 hours
- Employees:
- 5 and 1 casual worker
- Years established:
- 2001
Other Information
- Support & training:
-
Most of the workers are here for more then 11 years and know most off the work to be done.
The owner will stay and give advise and training if needed
- Furniture / Fixtures value:
- R700,000 - included in the asking price
- Inventory / Stock value:
- R200,000 - included in the asking price
- Website:
- Login or register to view link
- Home based:
- This business can be run from home
