Urgent Sale Restaurant / Bar
Location South Africa
Asking Price Range < $250K
Gross Revenues $75000
Net Profit / Cash Flow $30000
Cash Flow Type EBITDA
Seller Finance No
Year Established 2001
Number of Employees 1 - 3
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Reason for Sale Owners relocating.
Description This restaurant/bar is selling as a going concern at a greatly reduced price.
The business consists of a restaurant, bar and dance floor area and would suit somebody who is willing to put some time and effort in to it. The business has all needed assets and is a great opportunity. Assets are valued at R640,000. The restaurant is approximately 600mý and also includes a 2 bedroom flatlet in the rental. The rental is extremely low, currently at R5000 p/m.
This is an urgent sale as the owner is relocating.
Asking Price - R490,000
Assets - R650,000
Click Here To Contact Seller
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