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#Business ID: 23678

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Pub + Grandslots Business For Sale

Business Location: CBD, Cape Town, Western Cape, South Africa

Asking Price: BUSINESS SOLD Revenue: R 3,000,000 Cash Flow: R 750,000

[Furniture / Fixtures included]

Business Summary

An upmarket pub with regular custom from surrounding legal and business professionals before Covid-19.
Management run.
Serves good quality pub meals & tapas, breakfasts, beers-on-tap, cocktails, wines and premium whiskies. Karaoke nights.
5 Grandslots machines with last 3 being installed mid December 2019. In first three months of operating with the 2 machines they achieved the highest gross gaming revenue for Grandslots in the W.Cape!
The Grandslots licence is worth “gold” as in future it will be difficult to obtain a new gaming licence….and liquor licence.
NOTE: THIS IS NO LONGER A FRANCHISE SO NO INITIAL FEE & MONTHLY ROYALTIES APPLY.

Property Details

Size:

150 sq.m

Years Established:

5

Property Type:

Lease

FF&E:

R 1,014,000

Inventory Value:

R 50,000

Other Business Details

Business Location:

Popular tourist area

Premise Details:

150 sq.m

Business Operation Details

Employees:

7

Trading Hours:

Monday - Saturday 10h00 - 02h00 Sundays 11h00 - 22h00

Support & Training:

Owner will provide training and support as required

Relocatable:

Business Relocatable

Miscellaneous Details

Reason For Selling:

Relocation

Listed by:

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