Filters
LocationSouth Africa, North West

Sector - Food

Asking Price
R660,000
Monthly Profit
R 41,667
Asset Value
R 0
Stock Value
R 0
Yearly Net Profit
R 500,000

Summary

Bar with highly visible location

Give me more information

Fully describe the business's activities?

This is a Bar that caters for the local community and is located next to highly visible and busy road

How does the business operate on a daily basis?

The bar has walkin customers, mostly students as well as regular customers in the community, they also offer private function services

How could the profitability of the business be improved?

Increased advertising, more visible roadside advertising and hosting of events

How could the profitability of the business be improved?

Increased advertising, more visible roadside advertising and hosting of events

How involved is the Owner in running the business?

The owner visits the business regularly, yet daily management done by staff

When does the current lease end?

The current lease ends in 3 years with an option to renew

When does the current lease end?

The current lease ends in 3 years with an option to renew

What are the trading hours?

Monday to Sunday 7 to late

What are the main assets of the business?

General bar equipment

Strengths?

Convenient and busy location with local and regular customers

Weaknesses?

Could increase advertising and roadside visibility

Opportunities?

Increased social media engagement, regular competitions and events

Threats?

Covid hard lockdowns

What is the reason for the sale?

Owner relocating

Location

Contact | Enquire

Frans

Frans Joubert

LocationSouth Africa, North West

Preferred method of contact

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