Coffee Shop & Restaurant For Sale

R7,600,000.00

Fourways, Johannesburg, Gauteng

Property Information

CODE : PP4409
Asking Price : R7,600,000.00
Ownership : Freehold


Description

Monthly Net Profit: R190,000

Rent: R133,000 per month
Escalation: 8% per annum
Lease Details: 2018 Plus 5 Year Option To Renew
Store Size: 427m²
Seating: 250
Trading Hours: Mon to Thurs: 07h00 – 21h00; Fri & Sat: 07h00 – 23h00; Sun: 07h00 – 20h00
Franchise/Joining Fees: R150,000
Royalties: 10% per month
Advertising/Marketing Fees: Included In Royalties

This is one of the most famous Coffee-themed franchise restaurants. It is situated within one of the wealthiest suburbs in Gauteng and is well established. Good turnover and profits continue to be generated. Joining fees and royalties payable.

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Contact the Agent

Billy Constantinou » ++27 83 250 2013
[email protected]

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Please Note Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.

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