Ref. No - BFS00431
South Africa, Western CapeRef. No - BFS00431
Sector - Sales & Services
Summary
A buyer can purchase a turnkey operational wine bar situated in a vibrant section of Cape Town, renowned for experiencing some curated reserve wines including a sovereign selection, to be tasted in a wine sanctuary
There is also a private tasting room where private functions can be organized
This wine bar is frequented by both locals/weekend visitors and tourists (both local and international)
This beautifully appointed wine bar has the following assets- kitchen equipment to the value of R68,000, computer equipment to the value of R74,000, furniture and fittings to the value of R233,000, and a liquor license valued at R70,000
A new lease can be negotiated with the landlord with the buyer
There is trained staff in the business
Give me more informationHow long has the business been established?
2025
Is the business VAT Registered?
Yes
Turnover for 2026- R1,83 million
GP is on average 80%
NP (EBITDA) R314,805
Asset value R949,886 includes stock of +/- R282,000 and a small % for goodwill
Selling price
R700,000 excl stock of R282,000
When does the current lease end?
New lease can be obtained
What are the main assets of the business?
Assets are valued at R949,886 incl stock of R282,000
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