RJ's Premier - Franchise Opportunity

R3,900,000.00

North Coast, Kwazulu Natal

Property Information

CODE : PP7742
Asking Price : R3,900,000.00
Ownership : S/Title


Description

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.
Owner-run or managed by an operator with a minimum of 25% equity. Training is conducted in Durban within an existing operation. The new franchisee and team will undergo an intensive training program, which encompasses both theoretical and practical on the job training. The Training is designed to prepare the participants fully for the operation of their new business.

Set-Up Costs: R2,500,000 – R3,900,000
Unencumbered Cash Required: 50%
Stock: R150,000
Franchise/Joining Fee: R150,000
Royalties: 5% per month
Advertising/Marketing Fee: R10,000 – R15,000 per month
Site Requirements: 250m² - 400m² interior with ±80m². Strategically located in a major town or shopping strip.

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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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