Summary

This is a profitable restaurant, cocktail bar and nightclub located in one of Johannesburg's most sought-after entertainment districts, Melville

Give me more information

Fully describe the business's activities?

This is a restaurant by day and a club/cocktail bar at night. This is a premier venue located in a town that is known for its night life

How does the business operate on a daily basis?

Business operates as a restaurant in the day and a cocktail bar / night club at night

What Advertising/Marketing is carried out?

Advertise on Facebook and instagram mostly

What competition exists?

There are many other restaurants in the area, but this is by far the busiest

How could the profitability of the business be improved?

The business could increase profitability by getting an upgrade and increase seating.
Hosting more events and DJs

Give a breakdown of staff/ functions/ length of service?

6 full-time staff
Balance on commission and tips

Do any have management potential?

The business has a manager in place

How involved is the Owner in running the business?

The owner overseas stock orders and small purchases that don't come from suppliers.
Manager also does some of the purchasing if the owner can't.
Owner does all payments

When does the current lease end?

August 2027

What are the trading hours?

5 days a week

13:00 to 02:00 Wednesday to Sunday

What are the main assets of the business?

Normal restaurant and kitchen equipment with built in bar and undercounter fridges

Strengths?

Well known
Easy access and centrally located
Very busy over weekends - busiest in the area
Manager-run
5 days per week
Established as the go-to venue for those seeking great cocktails, and live entertainment.
Universities on our doorstep.