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Worldwide- Listing ID: 1211296
- (Seller ref: CB157)
Bars With Gaming Machines In Cape Town For Sale
- Bellville, Western Cape
- R1,400,000
- (Furniture / Fixtures included)
- Sales revenue:
- 0 - R3m
- Cash flow:
- R800,000
Listed by:
Business description
The business consist of a very popular Ladies Bar with entertainment over weekends as well as occasional karaoke evening and the like, plus another smaller bar without entertainment. The Ladies bar has an entertainment license permitting the playing of live music and bands. The combined business has a license for 10 gaming machines (slots).
Property information
- Real Estate:
- Lease
- Lease terms:
- Negotiable. 3 or 5 year lease.
- Leasehold rent:
- R120,000 per annum
- Location:
- The business is on a busy main street with good visibility.
Business Operation
- Reasons for selling:
- Owner rationalising his portfolio.
- Trading hours:
- The ladies bar trades up to 2am most days, while the service bar is daytime only.
- Employees:
- 3 plus casuals as needed.
Other information
- Inventory / Stock value:
- R35,000
are required by the Seller
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