Mi-Vami Franchise Opportunity

R1,000,000.00

Umhlanga Gateway, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP4931
Asking Price : R1,000,000.00
Ownership : Freehold


Description

Projected Monthly Net Profit: R50,000

Rent: R40,000 per month
Escalation: 8% per month
Lease Details: 5 Years
Store Size: 80m²
Seating: Food Court
Trading Hours: Sunday to Thursday: Monday to Sunday: 08h00 – 23h00
Projected Monthly Turnover: R300,000 per month
Unencumbered Cash Required: R500,000
Franchise/Joining Fees Payable By Franchisees: R50,000
Royalties Payable By Franchisees: 5% per month
Advertising/Marketing Fees Payable By Franchisees: 2% per month

Franchising has for some years been defined as one of the best options for local economic growth and you too can share in the success by choosing a stable brand, like Mi-Vami, with big plans for expansion. In addition to their specialty shuvarmas, the Mi-Vami menu offers burgers, salads, ribs, Greek style yiro,s and kids’ meals. Mi-Vami also offers a catering service and platters for private and business functions. Mi-Vami believes that finding the right people to fly the Mi-Vami flag is key to the success of their brand and their growth strategy. The ideal franchisee possesses entrepreneurial spirit, takes pride in the brand and their establishment and endeavors to ensure the success of both.

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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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