Distinguished establishment nestled in the heart of Primrose, Germiston. Graphite Business Brokers proudly presents this unique opportunity:
Overview: Exquisite Lounge & Lodge is a versatile establishment seamlessly blending a fully licensed bar, restaurant, and lodge. Since its grand opening in 2021, it has become a sought-after destination, redefining the dining and entertainment experience with a fusion of swank and South African tradition.
Key Features:
- Fully licensed bar and restaurant
- Trendy venue with renowned South African DJs
- Accommodating over 150 people across multiple areas
- 10 fully furnished lodge rooms with ensuite bathrooms
- Caretaker’s residence with kitchen and laundry facilities
- Corner property spanning over 1000 sqm
Financial Performance:
- Average net profit per month: R77,469.83
- Annual net profit: R929,638.00
Valuation:
- Business value (P/E ratio of 3): R2,788,914
- Property value: R1,800,000
- Total real value: R4,588,914
Selling Price R 4.5 million, providing an all-inclusive package for a quick sale.
Contact us today for more information or to arrange a viewing.
Buying or selling a business in South Africa, call Graphite Business Brokers for a free consultation.
Contact us via our online form or phone the Broker 0717547513 or marketing@graphitebusinessbrokers.co.za
A proven track record of robust financial performance, a unique blend of modern elegance and South African hospitality, and an expansive property makes this Lounge & Lodge an exceptional investment opportunity.
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