Bar And Restaurant In Pretoria North For Sale

Description

Business type: bar and restaurant

Location: Pretoria North

Current status: established operating business

Financial information

Average monthly turnover: R1,650,000

Annual turnover: approximately R19.8 million

Monthly net profit before tax: R348,150

Monthly cash flow: more than R1 million

Supporting records: invoices, bank statements and management accounts

Location

Commercial area: high-traffic hub

Intersection visibility: strong

Foot traffic: described as steady

Parking: secure

Trading space

Total trading area: approximately 520m²

Enclosed deck: approximately 300m²

VIP areas: available

Lounge sections: available

Licence

On-consumption liquor licence: in place

Included equipment and infrastructure

• Kitchen equipment
• Sound systems
• Lighting systems
• CCTV
• POS infrastructure
• Furniture
• Décor
• Structural improvements

Operations

Daytime dining: active

Entertainment offering: active

Nightlife trade: active

Customer base: established

Operating model: turnkey

Additional capital investment: not stated as required

Lease

Current lease expiry: July 2028

Renewal option: 3 years

Rental structure: established

Municipal cost structure: established

Market position

Lifestyle brand: established

Profitability: established

Trading volume: high