Verified Listing
Posted on February 12, 2020 / 305
Price : R3,000,000
Listing Type : Events & Planning
Location : Gauteng
Ref. No : 2613
Year Established : 2019
No. of Employees : 21
Trading Hours : 8pm - 4am
Lease Term : 7 years remain
Turnover : R 420 000
Expenses : R 200 000
Net Profit : R 220 000 pm
Asset Value : R 250 000
Stock Value : R 150 000

A well-established premium nightclub and function venue based in Gauteng. True to international trends in style, fashion, music and status, this business has been created to offer a unique world-class nightclubbing experience. Expect only the best in live entertainment, 5 star service, beautiful finishes, private spaces, and the world’s most exclusive brands.

Upon entry, the guests are elevated from the busy city to the plush comfort, personalised service and relaxation of this club’s experience. The venue is usually booked for Corporate Functions, Nights Club Events, Birthday Parties, and Product Launches. The venue offers a seductively decadent atmosphere with towering ceilings and beautiful upscale surroundings.

A distinct contrast of raw finishes, luxurious leather and suede seating, unrivaled lighting creates the perfect ambience. The venues patrons can expect an immersive dance floor as well as raised VIP, VVIP and Private Booth spaces providing the perfect setting to any of their valued clients preferences. The business has contracts in place with big alcohol brands, licences to trade and also generate extra incoming from advertising alcohol brands.

The business has opportunities to offer Corporate packages, as well as listing with surrounding hotels and utilizing the current available space of +- 250m2 to include a kitchen to offer catering. The business has an average monthly turnover of R 420,000.00 and an average monthly Net Profit of R 220,000.00

Mfundo Nhlabati – Head Office