Iconic Bar And Restaurant In George For Sale

Description

Business type: bar and restaurant

Location: George

Current status: established operating business

Food and beverage

Pizza offering: established

Breakfast service: active

Coffee service: active

Bar service: active

Customers

Local customer base: established

Visitor trade: existing

Repeat customers: established

Morning breakfast and coffee clientele: established

Location

Position: busy main road

Parking: ample

Financial information

Annual turnover: more than R5,000,000

Asking price: R1,560,000

Premises and licence

Premises: leased

Lease agreement: secured

Liquor licence: in place

Staff and operations

Skilled staff: in place

Operating structure: established

Assets

Business assets: well maintained

Décor: in place

Transaction details

VAT: excluded from the asking price

Expansion options

• Additional food sales
• Additional beverage sales
• Further customer growth