This retail property (known as Froggo's), has 3 active businesses all for sale in one. It serves as the only supermarket and liquor store in Paradise Beach, a growing suburb of Jeffreys Bay. The pub/restaurant has the potential to be revived into a local attraction, as there are no other restaurants locally in Paradise Beach either. The property behind is open space, so no buildings to be erected there. The pub/restaurant is ideal size to host small functions and gatherings.
The price is vat inclusive and excludes the stock from the businesses. The restaurant/pub can seat 40 pax, furniture and crockery included. The stock, valued at around R400,000, can be purchased at cost on transfer. The company is registered in a cc, and sale thereof can also be discussed.
As it is the only shop in Paradise Beach, the shop is stocked with all necessities needed by the locals, so also the off-sales liquor store.
The property, building, shop, liquor store and pub are all sold as one going concern. All trading licenses are up to date and included.
An investment opportunity with a niche market. With a bit of creative flair Froggo's can be transformed into the local hub of fresh produce and bakes at the store, and, preferred meeting place for the locals and holiday makers over season in the restaurant.
Financials and specific details available to serious qualified buyers.
