Las Iguanas Franchise Opportunity

R5,200,000.00

Pretoria, Pretoria, Gauteng

Property Information

CODE : PP4533
Asking Price : R5,200,000.00
Ownership : Freehold


Description

Projected Monthly Net Profit: R325,000

Rent: R71,000 per month
Lease Details: 5 Years
Store Size: 485m²
Projected Monthly Turnover: R1,800,000 per month
Unencumbered Cash Required: R2,600,000
Franchise/Joining Fees Payable By Franchisees: R200,000
Royalties Payable By Franchisees: 6% per month
Advertising/Marketing Fees Payable By Franchisees: 4% per month

Las Iguanas is renowned for lovingly prepared, homely Latin food. Flavours are derived from a fusion of South American Indian ingredients with those that arrived from Africa and Europe over the centuries. Mexican, Brazilian, Peruvian, Chilean… the continent inspires the new and the different; the fresh and flavoursome. To top things off Las Iguanas serves high quality classic Latin cocktails and mocktails, along with a carefully chosen range of South American wines and beers. The Las Iguanas team have close ties with South America including friends, suppliers, charities and organisations. Regular visits serve to keep enhancing the brand and the authenticity.

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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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