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PROFILE |
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Description: |
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This very well known and extremely profitable business is situated in one of the busiest centres in the Helderberg area and is supported by both locals and tourists. The slots machines alone is a big attraction and the business is situated in a safe centre with ample parking. It has huge scope to expand should a new owner be full time involved. |
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Industry / Sector: |
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Entertainment - Bar and Nightclub |
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LOCATION |
| State / Province: |
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Western Cape RSA |
| City / Town: |
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Helderberg |
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Location / Area: |
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Helderberg |
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Portability: |
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Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
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PRICE |
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Asking Price: |
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R 1 900 000 |
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 320 000 per month
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| Profit: |
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R 150 000 per month
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| Annual Return: |
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95
% per annum
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| No. of Staff: |
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13 |
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Year Established: |
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2007 |
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Legal Persona: |
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- unknown or withheld - |
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Other Information: |
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MANAGEMENT & STAFF
It is manager run and the experienced and well trained staff contributes to making this a successful business without the owner being full time involved.
TRADING HISTORY
Covid did affect the business during 2020 but it has fully recovered and back to the usual turnovers.
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