PUB GRILL SLOTS WOODSTOCK R1.4 m

PUB 5 SLOTS WOODSTOCK AREA
(GOT EXTRA SPACE FOR MORE SLOTS)
TAKE NOTE THE SAME OWNER FOR AROUND 24 YEARS.
BUSINESS GOT TWO ENTRANCES WITH OPPORTUNITY FOR
ADDITIONAL SLOTS. OPENING HOURS 10 TO 2 , 7 DAY WEEK.
OUTSIDE BUILDING WITH LANDLORD APPROVAL FOR SUPPLIERS
BRANDING - ADVERTISING. MUST ENTER INTO NEW SUPPLIERS
ADVERTISING AGREEMENT. FUTURE MONTHLY NET PROFIT
WITH KITCHEN, CURRENTLY RENTED OUT R4 000 pm
YOU MUST OPERATE KITCHEN AGAIN , WITH EXTRA INCOME
MOSTLY STAFF (4 +1 SECURITY) RUN , SUPERVISOR/STAFF
OPEN CLOSE PUB.
RENT + WATER + VAT R34 702 ( 8% ESCALATION) ALL EXTRAS
INCLUDED, ELECTRICITY R8 000, WAGES R30 000 ( WITH R8 600
SECURITY STAFF INCLUDED
INCOME OUT OF PUB/BAR + POOL TABLES PLUS, SLOTS COMMISSION
PLUS SUPPLIERS BRANDING INCOME AND KITCHEN NET PROFIT..
PUB VAT REGISTERED, AND PURCHASER MUST BE AN VAT
VENDOR.
(PTY) Ltd WITH CURRENT VAT NUMBER AVAILABLE,INCLUDED.
LANDLORD WILL APPROVE 5 YEARS LEASE, WITH HOLDING
DEPOSIT.
TOTAL NET PROFIT ON AVERAGE CURRENTLY OVER
R63 000.00 pm WITH POSITIVELY MORE FUTURE NET INCOME
STOCK AT COST EXCLUDED AROUND R50 000 EXCLUDING VAT
OR AS PER STOCK TAKE ON OR BEFORE THE EFFECTIVE DATE.
CAPITAL RETURN CURRENTLY UNDER 28 MONTHS, IT WILL BE
LESS.
NB: CONCENTRATE ON THE BUSINESS OPERATION, FUTURE
GROWTH POTENTIAL WITH TENDER LOVE AND CARE AND
TOTAL MAKE OVER IN AND OUTSIDE.
FULL DUE DILIGENCE SPREAD SHEET AVAILABLE
PRICE R 1.4 m.

LISTED FRED SMIT SMITCO BELLVILLE CAPE TOWN