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Upmarket Nightclub In Belville For Sale

Bellville, Western Cape
Asking Price:
R500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R500K - R1.5M
Cash Flow:
R500K - R1.5M

This is an upmarket entertainment venue based in Boston, Northern Suburbs of Cape Town.

The newly revamped venue provides an air of luxury with high-end finishings, lush decor & an exclusive VIP lounge. It has not traded for the past two years and is ready for trade.

It is strategically positioned amongst a growing market and has access from a busy main road.

If interested, please contact the seller through the form on this page.

Property information

Real Estate:

Lease

Lease Terms:

5 years and option.

Leasehold Rent:

R35,000 per annum

Living Accommodation:

None

Location:

Located in CBD area amongst busy roads and lots of foot traffic.

Premises Details:

The premises is located in a stand-alone commercial building on the ground floor fronting the main road.

Size in square feet:
350 sqm
Planning Consent:

The premises has a full liquor and entertainment license.

Business Operation

Expansion Potential:

Yes

Competition / Market:

N/A

Reasons for selling:

The business owner after 25 years in the business needs family time and thus has decided to sell.

Trading hours:

Monday - Sunday, 5pm to 2am.

Employees:
3
Years established:
5

Other Information

Support & training:

There is support and a management assistance available.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Yes

Furniture / Fixtures value:
R1,000,000 - included in the asking price
Inventory / Stock value:
R20,000 - included in the asking price
Business closed / Asset sale:
Yes

Contact Information

    1. Your Address

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