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  • Advance Search
 
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ID: 141 Arrow COCKTAIL BAR AND RESTAURANT SITUATED IN BUSY NIGHT LIFE AREA FOR SALE IN PRETORIA
Financial Information
Price:  R 2,200,000  
Total Annual Sales:  R 5,000,000
Profit Before Tax:  R 780,000
Stock:  R 50,000
Assets:  R 2,200,000
Category: Take Aways, Pubs, Restaurants
Province: Gauteng
Total viewings : 230
Description

Franchise cocktail bar and restaurant situated in one of Pretoria's busiest "night life" spots. Extremely well known and attracts in excess of 5000 people into the early hours of the morning. Owner must be hands on and operate this cash cow.

Business History
Form of Ownership
CC

Year Established
2011

Year of Acquisition
2011

Business Operations
Trading Hours
8am - 2pm

Full Time Employees
12

Contract Employees
10

Reason for Sale

Owners have other business interests and would like to down skale.

Growth Opportunities

Business is fairly new and the surrounding similar businesses reach a turnover of 50% higher than the current figures. Marketing and advertising will secure more business.

Business Location
Area
Pretoria
 
Province
Gauteng
 
Country
South Africa
 
 
Business Premises
Retail Space
 582 m²

Rental Amount
R  100,000

Other Important Details
VAT Registered
:Yes

Financials up to date
:Yes

Air Condition
:Yes

Website
:Yes

Internet Connection
:Yes

Telephone Lines
:Yes

Liquor license
:Yes

Parking Lot
:Yes

Undercover Parking
:Yes

All assets on file
:Yes

Alternative power
:Yes

Security
:Yes

In Office Park
:Yes

In Retail Area
:Yes

Training /Support
:Yes

Marketing Skills
:Yes

Business Broker Contact Details
Name
Henning Basson
Phone: 012 993 3498
Mobile:  079 060 4003
Fax: 012 993 4462
http://www.africabrokers.com
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