Summary
- Asking price:
-
R1,300,000
- Sales revenue:
- R1,200,000
- Net profit:
- R800,000
- Years established:
- 2 years
- Employees:
- 10
Business description
Night Club for Sale in the heart of Cape Town , Long Street. Fully equipped successfully running with Classy Decor and VIP lounge. It has a balcony overlooking the long street.
Property information
- Real Estate:
- Lease
- Lease terms:
- 5 year Lease , renewable
- Location:
- The Club is located in Long Street where there is always a buzz of club goers.
Other information
- Expansion potential:
- Well, the potential is huge as the club has a kitchen space which can be used during the day, especially during the summer setting up tables and chairs in the balcony. The club has been used for film shoots and music videos during the day which brings in huge income.
- Competition / Market:
- The Club has been running successfully for the last 2 years. Its in the heart of the city thus no competition as such. I dont see any threats as its been functional for long.
- Support & training:
- we can offer full training and support regarding the running of the club, introductions to the promoters who throw huge parties and sponsors etc
- Reasons for selling:
- Owner is originally from India , and plans to leave for his country soon.
- Trading hours:
- 9pm - 4am
- Furniture / Fixtures value:
- R300,000
- Inventory / Stock value:
- R50,000