Great Value: Two Profitable SA Bars with Multiple Income Stream

A very unique opportunity to start or scale a bar portfolio with these two (2) profitable neighborhood bars located ~20 minutes apart, both within minutes of Hwy 1604. Both venues feature multiple income streams including alcohol sales and gaming income which appeal to a broader clientele, especially during off-peak hours. A welcoming atmosphere, well-trained bartenders, and exciting entertainment keep loyal patrons coming back for more. The locations provide enough distance to avoid competition with each other, but are close enough for an owner to keep a finger on the pulse at both locations.

The first bar is located on a major roadway with a daily traffic count in excess of 13,000 and is frequented by an established clientele from communities all around. These patrons account for just under $1M in annual sales.

The second saloon is located in a busy strip center alongside a well-traveled road and serves as a popular hub for both regular patrons and newcomers. Under the current ownership annual sales for the last twelve months ending in June reached nearly $500K.

Both locations include versatile features, including a stage for events like live performances, dart tournaments, and karaoke to attract crowds.

Under the current owner's efficient management, the bars achieve an impressive 25% net margin and have room for additional growth. This presents an attractive proposition for existing bar owners seeking expansion or aspiring entrepreneurs with a bold vision, providing a solid foundation for future success and innovation.