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Well Known Entertainment Venue With 3 Bars In Garden Route For Sale

Garden Route, Western Cape, South Africa
Asking Price:
R3,690,000 Furniture / Fixtures included
Sales Revenue:
R5,800,000
Cash Flow:
Available on request

About this Business: This house of entertainment offers multiple bars, dans floors, pool tables, national and local artists performing on a regular basis and so much more.

History: This club was established more than 30 years ago with a great history. Not only well known to the locals but also very familiar to all our holiday makers.

Staff: Whilst the current owner manages all the day-to-day duties, staff, stock, admin; all the staff is well trained, in place and ready for the new owner to take the lead.

Scalability: This business is extremely scalable and has ample room for growth. These options will be discussed with qualified candidates.

Figures: Annual revenue around R5,8million.

Licences: All licences required are intact and valid.

Assets: The asset inventory is valued at R917,000.

Reason for Selling: New Ventures.

Selling Price: POA

Property Information

Real Estate:

Lease

Location:

Garden Route

Premises Details:

Prime Location - High Visibility

Business Operation

Years established:
30

Other Information

Furniture / Fixtures value:
R900,000 - included in the asking price