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Listing ID: 3083970

Luxury Lounge & Restaurant In Rosslyn For Sale

Pretoria, Gauteng, South Africa

Asking Price:: R2,000,000

Sales Revenue:: R2,800,000

Cash Flow:: R100K - R500K

+ 7 images

BUSINESS DESCRIPTION:
Vip lounge Rosslyn is a luxury nightclub/restaurant that is situated right in the heart of Rosslyn,Pretoria.

It is eye catching before even going inside, it has a general area that can accommodate up to 1000 people, the interior of the general area differs that of the VIP area. We have built in couches and granite tops all over.

The other furniture is movable.The VVIP area can take up to 40 -50 people. The venue is perfect for those after work refreshment,fun night out, indoor and outdoor events,The outside area can also be made into a general sitting area that can take up to 3000 people, as it is fully fenced and perfect for an kind of events, you can create your own set up.

The business is around the industries and factories area and on the main road which puts the business on the right position.

The business is very marketable.

Visit our website & Social media platforms for the pictures of our past experience.

Facebook page:
VIP LOUNGE ROSSLYN

Facebook account :
Viplounge Rosslyn

Twitter Account :
@VIP_LOUNGE3

Instagram :
vip_lounge_rosslyn

Website : www.viploungerosslyn.co.za

For more information, please contact us by using the form below.

Property Information

Real Estate:: Lease

Lease Terms:: 5 years , escalates annually by 8%

Leasehold Rent:: R147,600 per annum

Location:: prime high street

Planning Consent:: extensions

Business Operation

Competition / Market:: No competion

Reasons for selling:: Want to undergo new ventures

Trading hours:: Mon-Sun 09:00-02:00

Employees:: 15

Years established:: 2016

Other Information

Furniture / Fixtures value:: R800,000

Inventory / Stock value:: R400,000

Relocatable:: This business can be relocated.

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