Sports Bar

East Rand
Price : R 10,000,000
Listing Type : Sports Bar
Location : East Rand
Ref No. : 2950
Year Established : 2014
No. of employees : 30
Lease Term : Nov 2025
Turnover : R 1 271 473 pm
Cost of Sales : R 743 975 pm
Expenses : R 232 802 pm
Net Profit : R 294 696 pm
Asset Value : R 1 910 500
Stock Value : R 600 000

A popular Land mark destination Established for 9 years now. A very large clientele base spread across all spectrums, young and old. This business is a multi-level income business.

The sports bar takes care of all Sports events, while the restaurant as well as sushi bar takes care of the clientele that are looking for good food and entertainment.

The business caters for both inside and outside seating with ample parking for its patrons. The business has a separate take away, a free standing shop as well as a casino.

Potentially there are many options to either consolidate or expand the business. When the current owner bought the business his intention was to work with two of his sons to grow the business, They have been very successful in doing this but unfortunately both his sons have decided to immigrate. With the owner being at retirement age he does not have the energy to continue doing this on his own.

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

Features
Due Diligence
Financials
Prospectus