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A Bar - Pub: Established business venture to rent / buy
R 70,000
Reason for Reporting
Bargain, bargain, bargain - below auction value!!
Are you looking to step into the role of a business owner in the vibrant entertainment industry?
Situated just a stone's throw from the bustling Bloemfontein Waterfront on Nelson Mandela Drive, Westdene, is a thriving bar and pub business waiting for a new proprietor.
Established nearly 3 years ago, this 220 square metre venue is perfectly primed with semi-equipped facilities including dance lights, assorted fridges, furniture, a POS system, pool table, and a built-in bar counter.
You'll be taking over a space that's already fitted with a full air-conditioning system, security features like gates and cameras, basement parking, an alarm system, and, crucially, an existing liquor licence.
An initial investment of over R500,000 was previously spent to lay the foundation for this business.
Now, it can be yours, including the use of the liquor licence for only R70,000, which also covers attorney fees for the transfer of the license.
Plus, you have the option to acquire the existing equipment and furniture for approximately R80,000 – select what you need and make an offer.
The rental agreement for this ideally located basement property is an attractive R13,750 plus VAT. (Rental deposit: R27 000)
This is an exceptional chance to take over a business that could save the new owner substantial amounts in both time and start-up costs.
Semi-approval in place to establish 5 to 10 Gaming Coin Machines.
With the right management, there's an opportunity to significantly enhance the business and potentially resell for a substantial profit.
Please note, no finance options are provided and only serious enquiries are welcome.
If you have the capital and are keen to discuss this further, please reach out to Pieter on 083 655 6556 for more details and to arrange a viewing.
Don't miss out on making this turn-key business your own success story!
Remember, as long as this advertisement is live, this amazing opportunity awaits.
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