SOCIAL CAFE & GAMING MACHINES - CBS 435.

Price: ZAR 1 500 000

Business ID: CBS 343
Industry Sector: Food
Location: Cape Town CBD, Long street, Western Cape.

An upmarket pub franchise with regular custom from surrounding legal and business professionals. Management run. An established franchise that offers good support and allows individual initiatives. Serves good quality pub meals & tapas, beers-on-tap, cocktails, wines and premium whiskies. Owner has recently made a substantial investment  creating a gaming room with 2 Grandslot machines. This has already  increased sales substantially. 3 more machines coming soon.

Stock in Trade: ZAR 60 000
R.O.I: 52% annual
Turnover: ZAR 2,4 mil pa
Operating Profit: ZAR 400k pa
Asset Value: ZAR 400 000
Size of Premises: 115 sq.m
Lease: Expires 2021 + renewal option
Rental: ZAR 29150 pm
Staff: Managers + 5 (2 shifts)
Year Established: 2016
Legal Entity: Private company
Reason for Selling: Corporate transfer

OUR SERVICES INCLUDE

  • Assessing a fair market value of your business
  • Assistance with information required
  • Trust and confidentiality in negotiations
  • Providing qualified buyers
  • Matching your business with qualified buyers in our database
  • Marketing plan for the sale of your business
  • Listing your business on our own and top websites we subscribe to
  • Feedback on progress regarding serious buyers
  • Viewing arranged by appointment only
  • Information on what buyers really want
  • Preparation of sale agreements and facilitating the sale process

 

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