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Sports bar for sale (Durban, South Africa) Asking Price:$300000

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Sports bar for sale Sports bar for sale

Revenue $250000, Cash Flow $50000, Established 1983

A unique business located in a busy shopping and commercial area in San Javier, situated on the busy N33 road and 6 minutes from San Javier airport,. The only true English sports bar and eatery in San Javier, the bar benefits from a very captive all year round expat community that makes up 70 percent of the business, unlike many British bars this bar attracts many Spanish customers that make up a further 40 percent of the total business generated. The bar is now very well established with a turnover in excess of 230,000 euro per annum and growing year on year. Detailed accounts and sales ledgers are proof that this business is very profitable and run correctly.
Full and detailed licence requirements are in place, fully equipped kitchen, upstairs games room with full size championship snooker table, air conditioned, air circulation fitted as part of the licence requirements. 40 plus covers inside, with a further 20 plus covers outside on the front terrace. Two full time staff that have been employed for 5 years is a real testament to the consistent all year round nature and strength of the business.
Detailed up to date web site, no media advertising undertaken since start up, all communication and business generated is via email to the 600 plus customer data base. To fully appreciate this business a visit is a must
Some further features and benefits of this bar and restaurant are listed below
• Food sales make up 50 percent of the business turnover.
• 5 large flat screen Tv`s showing most major sporting events on Sky / Bt sports / Setanta/ Premier sports /Al Jazeera and all UK channels, and Spanish digital channels.
• Full size snooker table, 20 hours minimum per week guaranteed usage.

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80 sqr meter


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