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High Volume Bar & Restaurant Ready To Franchise For Sale

Benoni, Gauteng
Freehold Price:
R25,000,000 Furniture / Fixtures included
Lease Asking Price:
R6,900,000 Furniture / Fixtures included
Sales Revenue:
R8M - R15M
Cash Flow:
R3M - R8M

Developed to launch as a franchise group, high margin drinks (70%of turnover) food (30%of turnover). BAR Turnover R1m /month. Has 5 Legal gaming slots And own Sushi bar that covers rent alone.....Bar also has Separate Fast Food takeaway section selling R100k/month takeaways. ..Low overheads and very low maintenance = high Nett profit. ....100% debt free BAR selling for 20 months Net profit........ Bar has it's own retail liquor store supplying bar and doing 700k/month retail sales ...AND Bar owns own fully let shopping centre in mid/ upper market suburb Very HIGH visibility in East Rand upmarket town netting R200k/ month in rentals. Very high passing traffic/exposure corner centre.

Bar/ Restaurant can be sold separate from liquor store and/ or shopping centre or all together as 1.

Bar & Restaurant PLUS
Separate Fast Food Takeaway
PLUS 5 Gaming slots
Plus Sushi Bar.... R6.9 Million

Liquor Store. R1.2 Million PLUS stock of approx R1.5 M

Fully let Shopping Centre netting R200k/month. R17.5 Million

Property Information

Real Estate:

Available as lease or with real property included

Lease Terms:

Fully Negotable

Location:

High Traffic upmarket suburb

Premises Details:

Free standing Bar & Restaurant with own fast food takeaway in easy access High Visibility Shopping centre. Trades only till midnight.

Business Operation

Expansion Potential:

Fully ready to franchise, trademarks registered, all franchise available as well as advise from owner with 45 years + franchise experience.

Competition / Market:

We strive to serve the upmarket bigger spenders in our area leaving the lower spenders for our competition. We do NOT sell cheap discounted drinks but sell very fairly prices drinks including a large high margin cocktail selection at only R29each, Our clientele is 48% Female.

Reasons for selling:

Owners children have emigrated so he needs time off to visit them

Trading hours:

10h00 to 23h30

Employees:
8
Years established:
4

Other Information

Support & training:

Full advise and support... owner wants to see Brand grow.

Furniture / Fixtures value:
R4,000,000 - included in the asking price
Inventory / Stock value:
R200,000
Lease asking price:
R6,900,000 - Furniture / Fixtures included

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