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Liquor Store And Pub With Beer Garden In Bryanston For Sale

Sandton, Gauteng
Asking Price:
R500,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R5,500,000
Cash Flow:
R3M - R8M

Friendly, convenience, well priced liquor store and wine boutique with healthy turnover.
Good displays and adequate store rooms.
Plus an attached pub and beer garden with music and TV's.
Includes a kitchen and chef, who serves high-quality pub grub.
Passing trade and regulars keep us busy.
Staff all experienced and have good report with customers.
Fully computerised and with 16 camera CCTV.
Sellers wanting freedom to travel more.
We are not professional publicans and liquor buyers and if you are, you could increase the profitability of this nice little business.

Property information

Real Estate:

Lease

Lease Terms:

The lease runs until 31st July 2021.
9% escalation 1st August 2019 and 1st August 2020.

Leasehold Rent:

R476,000 per annum

Lease Rent:
R125 per sq ft per annum
Location:

Facing Main Road, Bryanston.

Premises Details:

Bottle Store and storerooms 160sq.m.
Pub 90 sq.m. Beer Garden 50 sq.m.
Upstairs wine room and 2 offices 54 sq.m.
Total 354 sq.m.

Size in square feet:
3800 sq feet
Planning Consent:

Not applicable - premises leased

Business Operation

Expansion Potential:

A professional publican and liquor buyer with some marketing experience could certainly increase the gross profit % and the foot traffic.
The kitchen is also underutilised and marketing to surrounding businesses and complexed could improve food sales.

Competition / Market:

There are bottle stores and pubs in every suburb.

Reasons for selling:

Sellers want freedom to travel more.
At retirement age.

Trading hours:

Bottle Store: Mon Tue Wed Sat 900 to 1800. Thu and Fri 900 to 1900. Closed Sun.
Pub: Mon through Saturday 1100 to 20 or 22 or 2400. Must close 2am. Closed Sun.

Employees:
6 full time and one part time
Years established:
6 years

Other Information

Support & training:

We are very happy to train and guide any purchaser if necessary.
We reside nearby, so this could go on ad hoc after initial training.

Furniture / Fixtures value:
R300,000 - included in the asking price

Contact Information

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