087 820 4600

Profitable, Established Restaurant and Pub

R1,220,000Gauteng (GP)Listing: #14389


Gauteng (GP)



R1,220,000


About this business for sale

Profitable, Established Restaurant and Pub##This business offering represents a well-established Restaurant and Pub situated in a medium-income neighbourhood suburban shopping centre. ####Since it's opening some 15 years ago, and operating from the same location, the business has developed a reputation for “come and have a good time” whether it is for a nice meal or drinks with friends, just joining another visitor or watching sports events. ####There are also Graz slots to keep visitors busy and over weekends, the venue offers live entertainment, hosting DJ's for dancing and Karaoke events, etc.####Seating arrangement is for up to 100 guests 40 of which are inside and the remainder, on covered outside patio. The equipment is all functional, in good condition and the kitchen has been upgraded.####Priced at R1,220m excluding stock of +/- R75k and VAT (if applicable).####The reason for sale is that, the current married owners (the husband is involved in daily running of the business while his wife work fulltime) have had a recent extension in the family. They've owned the business since 2010 and for family reasons, want to pursue other interests.####This business will suit a working, hands-on owner.####Average monthly NPBITD (Net profit before interest tax and depreciation) is R59k resulting in a ROI of 55% and payback period of 22 months.####Optional Purchase:####Within the same shopping centre, the owners also own a small bottle store with a turnover of +/- R150k pm which they acquired end 2013. ####After a period of trading losses, the business is now at breakeven with realistic profit potential if managed in a focused, owner-operated fashion####This outlet is also for sale and one a buyer of the Restaurant and Pub could consider acquiring alternatively, it could be sold independently. ####Priced at R300k excluding stock of +/- R220k and VAT if applicable.##
LINK South Africa
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082 600 3848

Leon Bahlmann







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Confidentiality Agreement for Business Ref 14389 , Broker Name Leon Bahlmann

Between LINK and * (Interested Party) this must be an individual's name, NOT a company name

In consideration of LINK (being any or all of - and their respective business brokers) entering into discussions relating to the possible acquisition of the assets of any business(es) presented to me, and specifically Listing ID No 14389. I/We hereby agree and undertake as follows:

  1. All "Confidential Information" provided to me by the Seller and the Agent on behalf of the Seller in respect of Listing ID No 14389 shall be treated in the strictest confidence;
  2. No information relative to the Seller or the business will be disclosed to any other persons who do not have a direct interest in the acquisition of the business without the prior consent of the Seller or that of LINK South Africa;
  3. I agree that, in the event of a breach of trust in the above, the Seller can take whatever action they deem necessary to recover any cost of damage caused by such breach.;

*By checking this box, I hereby accept the above terms and conditions of this agreement and agree to receive new business opportunity emails on businesses that match my interests as specified. If at any time I no longer require this service, I understand that I can click the unsubscribe link within the email received.