RJ's Steakhouse Franchise Opportunity

R1,500,000.00

Westville, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP4865
Asking Price : R1,500,000.00
Ownership : Freehold


Description

Projected Monthly Net Profit: R80,000

Rent: R40,776 per month
Escalation: 8% per annum
Lease Details: 5 Years
Store Size: 406,62m²
Seating: 180
Trading Hours: Sunday to Saturday: 08h00 – 23h00
Projected Monthly Turnover: R600,000 per month
Unencumbered Cash Required: R1,000,000
Franchise/Joining Fees Payable By Franchisees: R120,000
Royalties Payable By Franchisees: 5% per month
Advertising/Marketing Fees Payable By Franchisees: R10,500 per month

RJ’s Steakhouse was founded in 1980. It is a value for money family steakhouse that has become synonymous with succulent steaks, mouth-watering ribs generously portioned, and delicious burgers. Only selected AAA beef cuts which are aged to perfection can be expected from RJ’s. Seafood and chicken dishes are also available. Must be owner-run or managed by operator with a minimum of 40% equity. Training is conducted in Durban within an existing operation. The new franchisee and team will undergo an intensive 4 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]

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