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Listing ID: 3088797

Well Established Bar & Cocktail Lounge For Sale

Illovo / Melrose North, Sandton GT, Gauteng, South Africa

R 3,600,000

(Furniture / Fixtures included)

Revenue: R 5m & above

Cash Flow: R 2,250,000

Business Description

Well established, managed and maintained cocktail lounge. This cocktail lounge and bar is formal, yet with a relaxed atmosphere.
For the serious buyer, this opportunity can be seen as either an investment or a lifestyle business, that has a proven winning formula with a long standing success.

Property Details

Size:

430 sq.m.

Years Established:

5 years

Property Type:

Lease

Inventory Value:

R 380,000

Other Details

Business Location:

Sandton / Melrose Precinct

Premise Details:

Fully functional bar, cigar lounge, varied seating arrangments & complete serviced kitchen

Competition:

No competition. This is a unique business within the area. The business compliments all the existing restaurants within the same precinct.

Operation Details

Employees:

22

Trading Hours:

15h00 till late (6 days a week)

Support & Training:

1-3 months (negotiable)

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