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Profitable Mobile Top Tier Bar Service For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R550,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R1,600,000
Cash Flow:
R350,000

A prestige bartending service to private and corporate clients for birthdays, weddings, yacht parties, golf days, year-end functions, corporate events and liquor brand launches etc.
Bar units also hired out.
Website and Facebook pages.
Historical financial performance based purely on website SEO and referrals. Owner admits marketing is not his strength and acknowledges better marketing will vastly improve business from an already good base.

Property Information

Real Estate:

Lease

Lease Terms:

Expires November 2021 + renewal option

Leasehold Rent:

R72,200 per annum

Location:

Cape Town

Premises Details:

Warehouse 45 sq.m to store assets

Business Operation

Expansion Potential:

Marketing and advertising. Expansion to other urban centres. Establish working relationships with wedding planners.

Reasons for selling:

Owner emigrating

Employees:
None. Casual top tier bartenders and assistants hired per event.
Years established:
12

Other Information

Support & training:

Owner will provide training and support as required

Furniture / Fixtures value:
R220,000 - included in the asking price
Inventory / Stock value:
R1 - included in the asking price
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.

Contact Constantiaberg Broking Services

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