Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Profitable And Well-Established Sports Bar In Johannesburg For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R550,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R1.5M - R3M
Cash Flow:
R500K - R1.5M

Are you looking to go into the Sports Bar industry look no further.
This lovely sports bar is vibrant and has a lot of regular clients.
The bar has been in existence for many years and is well known in the area.
For the love of music and pool the bar features a pool table and great music

With a great Monthly Turnover of +/- R 200 000.00
Monthly Expenses of +/- R 40 000.00
The business shows a great monthly net profit (SDCF) of plus R+/- R 100 000.00
Stock that's left, will be included in the sale, current stock value is +-R 30 000.00
The reason for the owner selling is due to health issues and will not be able to continue to run the bar, so the sale is set to go for a quick sale at R 550.00.00
The business is currently only operating from Thursday to Sunday due to the owner being ill so the above figures could easily be increased with no doubt running the business full time.

Trading Hours
Monday – Sunday 10am -2am

Property Information

Real Estate:

Lease

Lease Terms:

2 years left option to renew 3-5 years

Leasehold Rent:

R12,000 per annum

Location:

Prime high Street location

Business Operation

Reasons for selling:

Owner is ill and can not continue to run the business anymore

Trading hours:

Monday to Sunday 10am -2am

Employees:
4
Years established:
15 + Years

Other Information

Furniture / Fixtures value:
R200,000 - included in the asking price
Inventory / Stock value:
R30,000 - included in the asking price