John Dory's - The Glen For Sale
R1,000,000.00
Johannesburg, Gauteng
Property Information
| CODE : | PP7683 |
| Asking Price : | R1,000,000.00 |
| Ownership : | S/Title |
Description
John Dory’s specialises in seafood; sushi & grills. They are all about fun, great taste and excellent value for the whole family. They pride themselves on our food quality and unique dishes within a vibrant décor setting. Everyone loves John Dory’s. Previous experience in the hospitality industry is advantageous, but not a must. John Dory’s franchisees are highly motivated hands-on individuals who believe in and are loyal to the brand. Applicants should possess a passion for good food and service excellence, good communication skills and sound business acumen.
Number Of Years In Business: December 2019
Reason For Selling: Other Business Interests
Selling Price: R1,100,000
Net Profit: ±R33,000 per month
Rent: R49,000 per month
Escalation: 8% per annum
Lease Details: 5 Years
Store Size: 274m²
Seating: 102
Trading Hours: Monday to Thursday: 10h30 – 21h00; Friday & Saturday: 10h00 – 21h00; Sunday: 10h00 – 20h00
Franchise Fees/Joining Fees: R150,000
Royalties: 5% per month
Advertising /Marketing Fees: 4% per month
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Contact the Agent
Billy Constantinou » ++27 83 250 2013
[email protected]
Your Information
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.
