Two well established businesses, a Liquor Store and Sports Bar situated in the heart of the CBD. Between the Taxi and Bus Rank. With over flowing movement and feet. Been open for over 15years.
- Asking Price:
- R14,500,000 Furniture / Fixtures included
- Sales Revenue:
- R20,000,000
- Cash Flow:
- R3M - R8M
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
10 years (Open to negotiate duration)
- Leasehold Rent:
-
R80,000 per annum
- Location:
-
Locate in the heart of the CBD, between the Bus and Taxi Rank. On the main road.
- Premises Details:
-
A newly renovated building, Huge Space.
- Size in square feet:
- 400
- Planning Consent:
-
Liquor Store - 400
Bar - 1000
Business Operation
- Expansion Potential:
-
Room for expansion
- Competition / Market:
-
Few competitive stores around but enough feet for everyone.
- Reasons for selling:
-
Relocating to Cape Town
- Trading hours:
-
Liquor Store - 08h00 to 19h30
Bar - 10h00 till 02h00
- Employees:
- 16
- Years established:
- 20 years +
Other Information
- Support & training:
-
Willing to show and management training needed.
- Furniture / Fixtures value:
- R5,000,000 - included in the asking price
- Inventory / Stock value:
- R2,000,000
