Dros Restaurant & Wine Cellar For Sale
R3,000,000.00
, Pretoria, Gauteng
Property Information
| CODE : | PP5196 |
| Asking Price : | R3,000,000.00 |
| Ownership : | Freehold |
Description
Monthly Net Profit: R100,000 -- R150,000
Rent: R90,000 per month
Escalation: 7% per annum
Lease Amount Left & Option to Renew: July 2019 Plus Option To Renew
Store Size: ±1300m2
Seating: ±430
Trading Hours: Monday to Sunday: 09h00 - 23h00
Monthly Turnover: R1,000,000 – R1,300,000
Financials Available: Monthly Management Accounts
Franchise/Joining Fees: R100,000
Royalties: 4% per month
Advertising/Marketing Fees: 3% per month
Franchised. The Drostdy is a well-known landmark, not only in Stellenbosch but throughout the whole of South Africa. In April 1996 an enormous change took place at the Dros with the formation of the ‘Dros Concept’, a combination between a wine cellar and a restaurant. The founder and owner wanted to present the public with a truly South African concept accessible to all ages and tastes. This concept proved successful as many people from all over the country, as well as overseas visitors frequented the Dros. This in turn led to the franchising of this unique restaurant .Joining fees and monthly royalties payable.
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Contact the Agent
Billy Constantinou » ++27 83 250 2013
[email protected]
Your Information
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