Anat For Sale

R500,000.00

, Boksburg, Gauteng

Property Information

CODE : PP4792
Asking Price : R500,000.00
Ownership : Freehold


Description

Monthly Net Profit: R22,000

Rent: R30,000 per month
Escalation: 9% per annum
Lease Details: 4 Years Plus Option To Renew
Store Size: 39m²
Seating: 7 Tables
Trading Hours: Mon to Fri: 10h00 – 20h00; Sat: 09h00 – 21h00. Sun: 09h00 – 17h00
Monthly Turnover: R185,000 per month
Financials Available: On Request From The Seller
Franchise/Joining Fees: TBC
Royalties: 4% per month
Advertising/Marketing Fees: 4% per month

Franchised. Take Away Restaurant. Mall has undergone a revamp which affected passing trade since completed. The store is well located and good potential. Currently run by two managers and a supervisor at an extra cost of R18,000 per month. The store should be owner run which will immediately add R14,000 to the bottom line. Joining fees and monthly 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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