Adult Night Club And Restaurant In Port Elizabeth For Sale

Business description

A well known, well established, profitable and perfectly located Adult Night Club with Restaurant for sale. The business is still new, already profitable and has massive potential. The business is an up market adult entertainment club providing both professional dancers, full bar facilities and a typical pub & grub type restaurant all in the same venue

The business is located along a major route of a well known area in Port Elizabeth. The business is fully set up and operational. The business is sold lock stock and barrel and includes the premises, the CC and all licenses. The Seller is prepared to sell the business without the property and will enter into a lease agreement with the buyer.

Perfectly priced, perfectly located and already profitable this business presents a fantastic opportunity for any business person who loves the night life

Property information

Real Estate:

Real Property Included

Location:

The business is located along a major route of a well known area in Port Elizabeth

Premises details:

The business is located in a large free standing building with parking Additional parking is available across the road. The premise is 550m2 and is a double storey building. The downstairs area consists of a bar area, a seating area, stage area, kitchen area, private rooms area, DJ booth, and changing area. The 2nd storey consists of offices, photo studio and storeroom

Size in square feet:

550

Business Operation

Expansion potential:

Competition is limited to only one other Adult entertainment club located on the other side of town

Reasons for selling:

Relocation and other business commitments

Trading hours:

Tuesday to Saturday (12h00 till close)

Employees:

30

Years established:

3

Other information

Support & training:

Full training and support will be provided

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Owner financing on the property is possible but will be subject to negotiation

Furniture / Fixtures value:

R2,000,000 (included in the asking price)

Inventory / Stock value:

R30,000 (included in the asking price)

Related documents:

• 
• Prospectus

Lease asking price:

R3,300,000 (Furniture / Fixtures and Inventory / Stock included)