Restaurant and Sports Bar

East Rand
Price : R 7,200,000
Listing Type : Sports Bar
Location : East Rand
Ref No. : 2998
Year Established : 2011
No. of employees : 30
Lease Term : 5 years
Turnover : R 2 250 729 pm
Cost of Sales : R 1 305 423 pm
Expenses : R 698 162 pm
Net Profit : R 247 144 pm
Asset Value : R 2 000 000
Stock Value : R 500 000

A very well liked and popular land mark Restaurant, bar and entertainment destination Established 2011 by current owner. A very large clientele base spread across all spectrums, young and old. The business is located on a main road in the East Rand main belt of Restaurants and entertainment destinations. There is ample free parking.

The business has two separate income streams with two separate trading names but sharing the same property and combined kitchen. The businesses cater for both inside and outside seating, as well as a licenced casino.

Potentially there are many options to either consolidate or expand the business. The owner is selling due to poor health.

This is a great opportunity for an experienced restauranteur to gain position and capitalize on growth opportunities.

Get more info on this Business.

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