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Upmarket Money Spinner Bar Lounge Gaming Center In Gauteng For Sale

Gauteng, Gauteng, South Africa
Asking Price:
R13,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R8M - R15M
Cash Flow:

Highly confidential sale. Kindly complete and return the Confidentiality Agreement using pdf software and return it to our offices. All the information about this lucrative opportunity will be released to you.

The luxury offered by this upmarket Bar, Lounge, and Gaming Center was designed to cater to the upmarket black community and has a totally different take on dining and entertainment and thus brings clients and some of SA’s sought-after DJs and traditional decadence together under one roof.

Forming part of the heart of this vibrant community, the on-trend Bar & Lounge throbs with the spirit of Ubuntu and absolute luxury combined with South African tradition.

The upper level enjoys sweeping views of Ivory Park and Tembisa, with mesmerizing night-time vistas of the area’s twinkling city lights for miles around.
The venue boasts three bars, seating for over 300 people, and multiple VIP areas where patrons can relax and enjoy the remarkable atmosphere this upmarket pub, lounge & gaming center has become known for,

(Please note if you wish to receive details about this business with all the facts and figures then you have to complete the Non-Disclosure Agreement. No information will be made available unless you follow this procedure)

Property Information

Real Estate:


Lease Terms:

Long term lease

Leasehold Rent:

R1,440,000 per annum


In the heart of a safe and secure Town

Premises Details:

Total space of 750m² which can accommodate up to 400 guests seated
and standing

Size in square feet:
Planning Consent:

Strengths & competitive advantages
Prime location. Busiest intersection in the area. Easily accessible
Security. Situated in a safe & secure shopping mall (Busy Corner Mall)
Secure parking
Traffic. High traffic in mall with great tenant mix
Busy Corner Mall. Digital Billboard on the premises reaches three million cars per
Bars. Three Bar areas
Open Spaces. Spacious balconies with magnificent views
Aesthetics. The venue has the Sandton look and feel with Multiple VIP areas
which attract up market clientele
Management. Efficient management team & trained staff
Menu. Diverse a la carte menu
Storage. Large storage and cold room areas

Business Operation

Expansion Potential:

• Invitations to high-profile businessmen or political figures will increase turnover.
• Hosting of Top Headliner DJ’s and influencers. They are yet to host well-known artists & influencers.
• Free stock & merchandise from suppliers. Not explored to date which include supplier activations and promotions
• Additional revenue stream. Suppliers to purchase branding space in the business of which multiple saleable areas are available in the venue.
• Supplier Offers. Contracts are to be renewed and re-negotiated every 12 to 24 months.
• Sab: (corona beer) - R600,000.00 offered to brand 1st floor patio area. (cash never received)
• Pernod ricard: (jameson / moet) - R250,000.00 for VIP Room
• Rgbc: (hennessy) - R350,000.00 offered for branding of DJ booth.
• Diageo - R150,000.00 – Free Stock & Product activations
• Heineken - R350,000.00 – Branding, Free Stock & product activations

Competition / Market:

This business is one of a kind and attracts affluent customers from surrounding areas.
• This is an independently owned business with no monthly franchise fees.
• Excellent Profit Margin on liquor 60% and food cost 40%
• All new equipment no renovations needed
• Quality Furniture and Sound Equipment Beautiful design concept and layout
• All construction faults (leaks etc.) attended to.
• New business teething problems resolved.
• Risks accompanying a new business regarding uncertainty of success and profitability are not a concern.
• Very favorable lease agreement.

Reasons for selling:

Personal will be divulged to a serious buyer

Trading hours:

(Lounge - 1st floor) Monday – Thursday: 4pm – 10pm Friday – Saturday: 12pm – 2am Sunday: 12pm – 12pm
(Gaming centre – ground floor) Monday – Sunday: 8am – 10pm
(Grill take away – ground floor) Monday – Sunday: 8am – 10pm

25 Permanents staff members and 15 Waitrons
Years established:

Other Information

Support & training:

Owner will supply full support during transition of ownership and assist to implement growth opportunities

Financing available:

The asset base to establish the business is in the region of R8 million. The finance houses will view the opportunity in a very favorable light

Furniture / Fixtures value:
R8,000,000 - included in the asking price
Inventory / Stock value:
R500,000 - included in the asking price
Related Documents:
This business can be relocated.