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Well Run Restaurant/bar In Randburg For Sale

Randburg, Gauteng, South Africa
Asking Price:
R1,150,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R5,000,000
Cash Flow:
Under R100K

Tonic Restaurant and Bar Newly Built Business, price includes the following:

New tables, chairs, bar counter stools, outdoor cushion, lifestyle tables and stools, Beverage Stock, Under counter bar fridges, two head coffee machine and grinder, TV's, full JBL indoor and outdoor sound system complete with built in amplifiers, complete lighting upgrade from indoor to outdoor. Upgraded bathrooms, Fully fitted kitchen, under counter fridges, two tier hot pass, double bowl fryers, flat top and griller unit, four burner gas stove, gas salamander, stainless wall mounted shelves, stainless work tables and sinks, separated walk in freezer and cold Room, ice machine, beverage storage cage, office equipment including computer and printer and cupboards.

Business is situated / located at the well-known Northview Center, Malibongwe Drive North Riding, with good public visibility and footfall.

Selling price R980 000, please contact us to view the property and if you require any further information regarding the sale. Price includes R40 000 beverage stock.

Business being sold due to Covid 19 financial constraints.

If interested, please contact us by filling the form given below.

Property Information

Real Estate:

Lease

Leasehold Rent:

R800,000 per annum

Location:

Popular Northview Centre

Premises Details:

Malibongwe Drive and Olivenhout Avenue
North Riding
Randburg

Business Operation

Expansion Potential:

Newly renovated restaurant prior to lockdown with no trade as yet in the new premises.

Competition / Market:

No other sit down bars in the immediate centre or surrounding area

Reasons for selling:

Sale due to financial constraints with Covid19 impact

Trading hours:

8am to 2am - Monday to Sunday - Trading hours dependent on the owner by this is the trading hours of the centre.

Employees:
12
Years established:
12 years, previously traded as Newscafe North Riding

Other Information

Related Documents:

Contact Information

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