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Newscafe Cocktail Bar In Pretoria For Sale

Pretoria, Gauteng
  • R1,500,000

Sales revenue:
R4,000,000
Cash flow:
R55,000
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Well frequented Newscafe cocktail bar in Pretoria Eastern Suburbs for sale. This is a business with huge potential for improvement. Presently manager run, this business is Netting in Excess of R 50 000 per month but in the hands of an owner manager, the business is quite capable of netting around R 70-100k per month. Asking price is R 1.5 Million.



Real Estate:
Lease
Lease terms:
Good lease available
Leasehold rent:
R40000 p/m per annum
Location:
Located in an established Sopping centre in Pretoria East.
Planning consent:
Liquor liscence in place

Reasons for selling:
Other business interests
Trading hours:
Mon - Thurs : 07h30 - 23h30
Fri - Sat : 07h30 - 02h00
Sun : 08h00 - 16h00
Employees:
15 staff + 4 managers
Support & training:
Managers in place - owner will provide training
Related documents:


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