Verified Listing
Posted on September 14, 2021 / 341
Price : R1,500,000
Listing Type : Restaurant & Bar
Location : Pretoria East
Ref. No : 2780
Year Established : 2019
Trading Hours : 8am - 4:30pm
Lease Term : December 2023
Net Profit : TBD

The business is been sold as a turn-key solution. Ideal solution for a  prospective buyer who does not want to wait several months to obtain all the regulatory and shopfitting renovations.

The kitchen is well equipped, fitted bar, coffee station and service counters, utensils, glass and crockeryware, together with up-market interior furniture and fixtures. The current liquor license is valid till August 2022. The new owner would rebrand and create his unique business model.

Internal area: 94.6 m2
Covered and enclosed area: 36 m2
Storage: 7 m2
Rental: R 23 050.00 (8% escalation/yr)
Movable Asset Value: A full list is available on approved request

Reason for selling:
The owner has a holding company in the alcohol wholesale environment and wants to concentrate his focus. The owner has indicated that he is willing to discuss a deal with a qualified buyer.

* Peter Millar – LP – Pretoria East