MoyoRestaurant In uShaka For Sale

R3,000,000.00

Point, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP4041
Asking Price : R3,000,000.00
Ownership : Freehold


Description

Monthly Net Profit: R120,000

Rent: R200,000 per month
Escalation: 10% per annum
Lease Details: April 2019 & 5 Year Option To Renew
Store Size: 1144.82m²
Seating: 1000

Franchised. Manager run. This iconic restaurant on the Durban Beach Front is a once in a life time business opportunity. The Franchisor is looking for very good operator to manage a business that has already established itself as a market leader with locals, corporate functions and tourists. Monthly royalties payable.

Price: R3,000,000 – Includes R1,500,000 Revamp Costs

Ref No: BC 451

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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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