Cut & Craft Bistro - Kensington, JHB For Sale
R2,900,000.00
Gauteng
Property Information
CODE : | PP7734 |
Asking Price : | R2,900,000.00 |
Ownership : | S/Title |
Description
Comfort food with a twist, crafted with love, taking your taste buds on a journey through South Africa. Cut & Craft Bistro is so much more than just a bistro; it’s a lifestyle. Since its launch in 2016, Cut & Craft has grown into one of Jozi's most loved restaurant/bistro’s. The secret to success lies in never becoming complacent about our food quality or service. They strive to constantly improve and re-engineer their offerings as well as increase the wine, cocktail, craft gin, craft rums, and single malt whiskey selections. Cut Craft Bistro has added another dimension to its offerings in the form of frozen and pre-packed meals, as well as a variety of DELI offerings in store and or for take away and delivery.
Number Of Years In Business: 2016
Reason For Selling: Relocation – Other Business Interests
Selling Price: R3,500,000
Net Profit: ±R100,000 per month
Rent: R25,000 per month (To be Updated)
Escalation: CPIC Plus 2% per annum
Lease Details: New Lease Plus 5 Year Option to Renew
Seating: 80
Store Size: 300m²
Trading Hours: New Owner’s Discretion
Franchise Fees: Nil
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Contact the Agent
Billy Constantinou » ++27 83 250 2013
[email protected]
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.