Mozambik - Linksfield For Sale

R4,500,000.00

Johannesburg, Gauteng

Property Information

CODE : PP7729
Asking Price : R4,500,000.00
Ownership : S/Title


Description

With its roots firmly set in passion and its flavours unapologetically Afro Porto, the Mozambik restaurant group is fast becoming one of South Africa’s leading dining brands. From its launch as a single store in Ballito, Kwa-Zulu Natal circa 17 years ago, the brand has seen rapid growth over the past half-decade, now totalling 28 stores nationally, and launched its first international store in Lusaka, Zambia. With several sites currently being evaluated, the Mozambik brand is set to continue on its upward trajectory. Inspired by the Afro-Porto fusion cuisine of Mozambik, the brand’s organic evolution has led to its current positioning; the taste of escape. It is a multi-sensory brand that is built around customer experience. In other words, dining at a Mozambik store delivers high quality and tasty cuisine with an exceptional atmosphere and high service levels. Visiting Mozambik is like a mini holiday, a break, a taste of escape. Mozambik is not a rubber-stamp brand either. While each store is highly recognizable and true to brand, all are infused with localized idiosyncrasies. Chef Brett Michielin has, over time, developed a range of bastings, sauces and rubbing spices that has become Mozambik’s trademark.

Address Of Business: 110 Cnr Club & Linksfield Roads, Linksfield, Johannesburg
Number Of Years In Business: February 2014
Reason For Selling: Consolidation – Focus on Franchising
Selling Price: R4,500,000
Net Profit: ±R140,000 per month
Rent: R175,000 per month
Escalation: 7% per annum
Lease Details: New 5 Year Lease
Store Size: 6000m² - Includes Outdoor & Kids Area/Garden
Seating: ±450
Trading Hours: Mon to Thurs: 11h00 – 21h30; Frid & Sat: 11h00 – 22h00; Sun: 11h00 – 17h00
Franchise/Joining Fee: R100,000
Royalties: 6% per month
Advertising/Marketing Fee: 1% per month

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Contact the Agent

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

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