Butcher Block Franchise Opportunity
R4,750,000.00
Hillcrest, Highway Areas, Kwazulu Natal
Property Information
| CODE : | PP4680 |
| Asking Price : | R4,750,000.00 |
| Ownership : | Freehold |
Description
Projected Monthly Net Profit: R130,000
Rent: R71,000 per month
Escalation: 7% per annum
Lease Details: 5 Years Plus 5 Year Option To Renew
Store Size: 380m²
Seating: 150
Trading Hours: Monday to Sunday: 12h00 – 22h30
Projected Monthly Turnover: R1,000,000 per month
Unencumbered Cash Required: R2,250,000
Franchise/Joining Fees Payable By Franchisees: R150,000
Royalties Payable By Franchisees: 5% per month
Advertising/Marketing Fees Payable By Franchisees: 2% per month
Butcher Block was founded in 2003 and has since grown into a well-known and highly respected steakhouse company. For those who are partial to red meat, the Butcher Block offers quality and value for money. Owner/operator preferably must have experience within the restaurant industry. Training is conducted in Durban within an existing operation. The new franchisee and team will undergo an intensive 8 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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Contact the Agent
Billy Constantinou » ++27 83 250 2013
[email protected]
Your Information
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.
