South Africa, GautengSector - Food
Summary
A 30 year old West Rand Pub and Grill with slot machines for Sale.
Give me more informationFully describe the business's activities?
This business is a well known Pub and Grill with a Gambling licence.
Very well known in the area and well supported by the local residence.
The property is owned by the seller.
What Advertising/Marketing is carried out?
None
What competition exists?
Some, but have no influence on the business.
How could the profitability of the business be improved?
Increasing the number of slot machines.
Give a breakdown of staff/ functions/ length of service?
Bar staff X 3
Kitchen hands x 2
Handyman x 1
How involved is the Owner in running the business?
Daily during certain times of the week.
What are the trading hours?
From 10.00 to 2.00 in the morning.
What are the main assets of the business?
The Building value at R3,800 000
Equipment R1.600 000
Stock at R90 000
Strengths?
A well established Pub and Grill with a gambling licence.
Established over 30 year ago.
Client base established
Very well located.
Weaknesses?
Non we can perceive
Opportunities?
Increase of slot machine will increase sales.
Threats?
Non we can perceive
What is the reason for the sale?
The Owner is planning for retirement.
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