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Restaurant and Bar for Sale in Cape Town, South Africa

Well designed Bar & Cafe in Greenpoint, Cape Town is up for sale.
This transaction has concluded.

Established 5-10 year(s)
Employees 5 - 10
Legal Entity Sole Proprietorship/Sole Trader
Reported Sales USD 79 thousand
Run Rate Sales USD 81 thousand
EBITDA Margin Nil
Industries Restaurants and Bars
Locations  Cape Town
Local Time 2:27 PM Africa / Johannesburg
Listed By Business Owner / Director
Status Active
Overall Rating
Full Sale
Asking Price: USD 73 thousand (Native Currency: ZAR 1,300,000)
Reason: Immigrating to Canada.
Includes physical assets worth USD 71 thousand
Interested to connect with advisors
Business Overview
- Seating capacity: 90.
- In a good locality.
- Rustic individual design, earthy tones, well established, all procedures and equipment in place, ready to be picked up and ran.
- Business has an on / off liquor license which allows alcohol to be served on a take-away basis.
Products & Services Overview
Corporate boardroom catering, commission based art sales, a la carte restaurant, buzzing brunches, on / off liquor license allows for take-away alcohol. In direct vicinity of all major sporting and entertainment events.
Facilities Overview
110 square meters with patio, 72 seats, 2 bathrooms, wheelchair access, open-plan kitchen, BOH store room, office, wash-up areas. On lease.
Capitalization Overview
Not Disclosed
Recent Activity
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This transaction has concluded. View similar business opportunities on SMERGERS
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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