Galito's - Protea Glen, Soweto For Sale
R1,700,000.00
Sandton, Gauteng
Property Information
| CODE : | PP7717 |
| Asking Price : | R1,700,000.00 |
| Ownership : | S/Title |
Description
Founded in Mbombela in 1996, Galito’s unique flame-grilled flavour and unwavering focus on product quality and affordability has fuelled its success throughout South Africa and the world. Along with their flame-grilled chicken, we welcome guests with true hospitality, warmth and a promise of great memories made over great meals. Galito’s now operates in over 16 countries, with more than 150 stores and counting - across Africa into Malaysia, Pakistan, the UAE, India and Canada.
Number Of Years In Business: 2 Years
Reason For Selling: Other Business Opportunities
Selling Price: R1,700,000
Net Profit: R35,000 per month (Good Potential)
Rent: R46,000 per month
Escalation: 7% per annum
Seating: 22
Store Size: 121m²- 126m²
Lease Details: 3 Years
Trading Hours: Monday to Sunday: 10h00 – 21h00
Franchise Fees/Joining Fees: R130,000
Royalties: 5% per month
Advertising /Marketing Fees: 4% per month
Image Gallery
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.
