Profitable, Well Positioned Bottle Store and Pub
About this business for saleProfitable, Well Positioned Bottle Store and Pub
This highly profitable bottle store and Sports Pub is well positioned and services a large Client base.
It is unique in that it is the only licensed bottle store in the area. This gives it exclusivity to the clients with in this vicinity.
The business is well-established and has been in existence for the past 20 years. The income is generated from two major sources, these being the bottle store and Sport Pub.
The business has very good staff in place which allow for the easy running and managing of the business. The business is associated with a well-known Liquor buying group and this allows it to purchase alcohol at competitive prices.
All necessary equipment is in place and in good condition. The pub offers pool tables and gambling machines.
The asking price is R1, 500,000 (Excl. Stock and Vat). This offers a ROI of 29% and or a monthly payback of 41 months.
The business has been extremely well managed and a full set of financials are available.
For further information on this great opportunity, please contact your broker – Greg King (084 556 6166)
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.