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Busy Bar & Restaurant In Benoni For Sale

Benoni, Gauteng, South Africa
Asking Price:
R6,900,000 Furniture / Fixtures included
Sales Revenue:
R12,000,000
Cash Flow:
R3,600,000

Benoni based very high turnover Cocktail Bar & Restaurant with own attached takeaway is being put on the market for sale for first time.

Bar sells high end Cocktails and Seafood to an established upmarket clientele of 45% female 55% male ratio.

Closes by midnight daily... No late trading.

Established consistent sales record. Brand was established to launch as a franchise group, all trademarks included with sale.
Bar has 5 legal gaming slots and in house Sushi bar that covers the rentals alone.

Attached is a takeaway kitchen that generates R150 000/ month extra turnover in takeaways.
Designed to be a very low maintenance and low overhead operation.

You are getting 2 Businesses for your investment....#1 a very high volume cocktail bar 70% of turnover is high margin drinks & cocktails...AND #2 A high turnover fully equipped takeaway that sells to the bar AND does substantial turnover in take aways.

These combined businesses have a NETT POSITIVE R300,000.00 / Month cashflow.

If interested, please contact the seller through the form on this page.

Property Information

Real Estate:

Lease

Lease Terms:

Fully negotiable and renewable

Location:

Main intersection in upmarket residential suburb.

Premises Details:

Free standing on main road very high visibility with free onsite parking.

Business Operation

Expansion Potential:

Brand was designed and registered to launch as a high margin low overhead franchise chain. All trademarks included in price.

Competition / Market:

Normal bars..... we are only upmarket cocktail restaurant in area.

Reasons for selling:

Owners children have emigrated so he needs time to travel.

Trading hours:

10am to midnight.

Employees:
9
Years established:
4 Same owner.

Other Information

Support & training:

Full training provided, manager run. Owner offering free continued advise as he wishes franchise to expand.

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

Maximum 30% Finance available from seller.

Furniture / Fixtures value:
R4,000,000 - included in the asking price
Inventory / Stock value:
R200,000
Related Documents:

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