Auction News
Auction Item > Famous Club, Restaurant, Bar & Liquor Store, Kensington
Auction Date: 05-03-2012 @ 14h30
| Item: | Famous Club, Restaurant, Bar & Liquor Store, Kensington |
| Auction: | Famous Club, Restaurant, Bar & Liquor Store, Kensington |
| Location: | Western Cape / Cape Town |
| Auctioneer: | Julius Buchinsky Group |
view gallery Auction Venue:
170 Bunney Street, Kensington
Description:
OWNER RELOCATING
* Business known as The Inn-Teraction Zone.
* Average annual turnover R8.4million.
* Average annual nett profit R2.4million.
* The business has been trading for the past 50 years - under current ownership for the past 11 years.
* Club Zouke - for more information kindly click on the attached link http://www.zouke.co.za/zouke/2011/06/08/hello-world/
* Full management accounts.
* Full liquor and trading licences.
* 1 of 3 liquor stores in Cape Town with a 7 day per week trading licence.
AUCTION PROCEDURES:
Pub & Liquor Store to be sold as one lot (Auction 1).
Club to be sold as one lot (Auction 2).
Club, liquor store and pub to be sold as one complete lot (Auction 3).
Contact: Ron at 083 601 8272
Viewing:Strictly by appointment
Registration: Day of auction
Requirements: Valid ID & Proof of Residence
Terms: Full purchase price plus auctioneer's fee on acceptance
* Business known as The Inn-Teraction Zone.
* Average annual turnover R8.4million.
* Average annual nett profit R2.4million.
* The business has been trading for the past 50 years - under current ownership for the past 11 years.
* Club Zouke - for more information kindly click on the attached link http://www.zouke.co.za/zouke/2011/06/08/hello-world/
* Full management accounts.
* Full liquor and trading licences.
* 1 of 3 liquor stores in Cape Town with a 7 day per week trading licence.
AUCTION PROCEDURES:
Pub & Liquor Store to be sold as one lot (Auction 1).
Club to be sold as one lot (Auction 2).
Club, liquor store and pub to be sold as one complete lot (Auction 3).
Contact: Ron at 083 601 8272
Viewing:Strictly by appointment
Registration: Day of auction
Requirements: Valid ID & Proof of Residence
Terms: Full purchase price plus auctioneer's fee on acceptance
