Blacksteer Diner Franchise Opportunity

R2,200,000.00

Kwazulu Natal

Property Information

CODE : PP4295
Asking Price : R2,200,000.00
Ownership : Freehold


Description

Blacksteer is the original Steak House since 1963. It has become a household name famous for their steaks, burgers and legendary ribs. The Franchisees of this brand have stood the test of time and seen competition come and go. The future looks bright for the Black Steer Group as vast resources and extensive Franchising Expertise are now available through Goldbrands. Their re-engineering of the brand image in 2006 ensures that the “Living Legend” lives on! The Blacksteer Group is now set to become the market leader in the steak house and take out sectors. Blacksteer Holdings is looking for vibrant and resourceful Franchisees with a hands-on approach to business to join their dynamic team.

Initial Franchise Fee: R120,000
Unencumbered Cash: 50%
Management Fee: 5% of turnover
Marketing Fee: 3% of turnover

Franchisee Qualifications Required?
Running a Blacksteer franchise requires structure, administration and management. The franchisee must be physically capable of working the hours required in this business and the typical age of a franchisee is between 28 and 55.Training is conducted in an existing operation. The new franchisee and team will undergo an intensive 6 week training program, which encompasses both the theoretical and practical on the job training. The training is designed to prepare the participants fully for the operation of their new business.

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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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