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INFORMATION

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Restaurant, Cocktail Bar, Casino & Live Entertainment Price: R3,250,000* Listed For: SALE Location: South Africa ,KwaZulu-Natal Sector: Food

Business is situated in a prime spot with loads of parking. Offers great food and entertainment like no other in the area. Quality and service of the highest standard, offering classy cocktails and a Casino for further entertainment. Venue is very well known and well supported by the locals - good solid business generating healthy Nett profits for a great return on your investment..

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QUICK INFORMATION

Listed For : SALE
Type : Broker Listing
Selling Price: R3,250,000*
Asset value: R1,000,000
Stock value: R200,000
Yearly Net Profit: R1,168,673

Trading Hours:

Sunday to Wednesday 11am - 11pm, Thurdays 11am - 2am, Fridays & Saturdays 11am - 4am

Reason for sale: Owners been in the industry for some time, have other business interest they would like to explore.

CONTACT

Werner Angell-Schau

27825522999

werner@aldes.co.za
Werner has been with Aldes since 2008 and has brokered many transactions successfully. Werner's background comes from the Hotel Industry where he worked himself up into management positions with the likes of Sun International, Global Resorts and Celebrity Cruises based in the U.S.A. Werner has owned various businesses, successfully managed and sold them after being on his own for 12 years in business. He has been instrumental in very big transactions funded by the NEF, he has also achieved many successful transactions in the Richards Bay area. With his excellent network and strong people skills he looks forward to brokering your future acquisition.