Profitable Pub and Family Restaurant##Situated 500 meters from the banks of the Vaal River – if you’re looking for fun yet relaxed outstanding food and drink, homely and friendly service and a refreshing pint, beverage or soft drink, this unique venue and business opportunity is a must see and the place to be owned.####The venue was the brainwave of the husband /wife owners who early in 2010 decided that the public of Gauteng and the surrounding areas like Johannesburg and further afield needed something quite different from the ordinary every day entertainment.####The theme and decor is a combination of typically African and South African memorabilia, namely “A taste of South Africa”, not the beer hall of the South African townships but hospitality reflecting a good old “meet your mates in the pub” for fun and a pint.####Come and see for yourself – the theme venue lends itself to a relaxing and enjoyable stay. There is an outdoor garden with children’s playground and a covered dining area. ####Inside meals may be enjoyed whilst watching sport amongst exited South African fans. Juke box and live entertainment is offered and can be enjoyed inside or out in the gardens.####Motor bikers going on breakfast rides also love to stop and gather at this popular venue over weekends and public holidays with it cosy and unique atmosphere. ##Not only is the venue open for day visitors, but also host to corporate functions and private parties for a maximum of 400 people in a 2000m2 hanger with a “sand/beach atmosphere” and various menus to choose from – spit braais – traditional South ##African dishes and roast.####The average monthly NPBITD for the 2015 financial year was R115 000 and represents a ROI of 46% on the selling price of the business venue part on offer (excluding the land & buildings). ####Opportunities for a new seller is to carry on with the venue as a going concern at present, or to do away with the present business venue and use the 2.8 hectare land instead to build a hotel/boutique hotel or town houses as the rezone has already been approved to undertake these developments if wished to do so. ####The total selling price is R25 000 000 made up as follows:####*Land (2.8 hectare) and buildings (6000m2) =R22 000 000##*Assets=R1 000 000, Stock=R40 000 and Goodwill=R3 000 000####Full financial information will only be made available to serious buyers who have the necessary equity available to buy the land/buildings and the business venue as a going concern.####For further information, kindly contact the listing Broker. ##
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