News Cafe - Franchise Opportunity
R5,950,000.00
Kwazulu Natal
Property Information
| CODE : | PP7674 |
| Asking Price : | R5,950,000.00 |
| Ownership : | S/Title |
Description
By combining the service and product attributes of a coffee bar, cocktail bar, and restaurant and entertainment venue in one, News Cafe is a trendsetting and benchmarking brand within the industry. The stores trade between 16 and 18 hours a day and appeal to a variety of customers who frequent the stores for various dining and social occasions throughout the day.
Set-Up Costs: R5,950,000
Unencumbered Cash Required: 50% of Set-Up Costs
Stock: R300,000
Franchise/Joining Fee: R300,000
Royalties: 6% per month
Advertising/Marketing Fee: 3% per month
Site Requirements: 350m² - 450m² Interior with ±120m² Outside. deck Strategically located in a major town or residential area.
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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.
