Best Pub in Town

Eastern Cape

R 3 345 000

Financial Information






Detailed financials available on request


This vibrant and family-friendly Pub started in 1985 and has been with the owners for 25 years. Set in Port Elizabeth it is surrounded by 5 large suburbs and is known as one of PE’s best Pubs. This is an English-style pub with a full array of alcoholic beverages and slot machines to cater to all patrons. The owners closed the kitchen but that can easily be re-opened with the equipment on site. This is a favorite watering hole for the surrounding suburbs as well as a party destination over the weekends. If you just want to wind down after a heavy day or come through with your friends for a good time, this is the destination pub. Ample parking, easy access, and a warm and inviting atmosphere make this a fantastic choice to buy. Looking to own a pub that is well-established, profitable, and renowned? Then this is an easy decision to make. The building is included in the selling price. The selling price excludes VAT and stock of R55,000.

Reason for selling

Retiring
Annual revenue
R 2,201,584
Monthly cash flow
R 93,047
Stock value
R 55,000