Blacksteer Diner For Sale

R900,000.00

Benoni, East Rand, Gauteng

Property Information

CODE : PP4386
Asking Price : R900,000.00
Ownership : Freehold


Description

Monthly Net Profit: R40,000

Rent: R17,280 per month
Escalation: TBA
Lease Details: August 2018 Plus Option To Renew
Store Size: 144m²
Seating: 48
Trading Hours: Monday to Sunday: 08h00 – 21h00
Monthly Turnover: TBA
Financials Available: On Request From The Seller
Franchise/Joining Fees: R150,000
Royalties: 4% per month
Advertising/Marketing Fees: 2% per month

Franchised. Manager run. Running this 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. Joining Fees and monthly royalties payable.

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Contact the Agent

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

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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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