Lucrative Pub And Gaming Business In Port Elizabeth For Sale

Business description

A well known, well established, very profitable and perfectly located Pub and Grub for sale. The business has been around for more than 17 years and has been with the current owner for the entire period. The business is fully licensed and offers Tab gaming in addition to the usual amenities associated with a pub and grub. The gaming itself does not belong to the Pub and Grub but rents out space to a separate company that provides the gaming.

This fantastic pub and grub is located in a small shopping complex surrounded by a large residential area. It is the only such business in the area with its product offering and benefits greatly as a result of this. A genuine simple, easy to run and seriously profitable business.

Perfectly priced, perfectly located and very profitable this business presents a fantastic opportunity for any business person

Property information

Real Estate:

Lease

Lease terms:

3 years (Renewable)

Location:

This fantastic pub and grub is located in a small shopping complex surrounded by a large residential area

Premises details:

The business is located in a small shopping center situated in a large middle class residential area. The downstairs area consists of a bar area, a seating area, and a preparation area. The upstairs floor contains the gaming part of the e business and is sublet to the company running the gaming side

Business Operation

Expansion potential:

The introduction of new product ranges will definitely offer more opportunity for the business to grow. More aggressive marketing and the possible introduction of a specialty dish would definitely add to the already generous turnover

Competition / Market:

There are other places in the vicinity but none offer the product range of this Pub and Grub and as such are not competition.

Reasons for selling:

The current owner wishes to retire and would like to see the business pass into the hands of a younger and more committed owner

Trading hours:

Monday to Sunday (10h00 till close)

Employees:

8

Years established:

17

Other information

Support & training:

Full training and support will be provided

Furniture / Fixtures value:

R582,000 (included in the asking price)

Inventory / Stock value:

R39,000 (included in the asking price)

Related documents:

• 
• Business Prospectus

Relocatable:

This business can be relocated.