RJ's Franchise Opportunity

R3,200,000.00

South Coast, Kwazulu Natal

Property Information

CODE : PP4116
Asking Price : R3,200,000.00
Ownership : Freehold


Description

Un-encumbered Cash: R800,000 Excluding VAT.

Stock: R75,000 Excluding VAT. (Not included in set-up costs).

Initial Joining Fee: R150,000 Excluding VAT. (Included in set-up costs).

Monthly Franchising Fee: 5% of Net Turnover.

Monthly Marketing Fee: R5,000 or R7,500 per month

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.

Comments: Owner-run or managed by operator with a minimum of 40% equity. Training is conducted in Durban within an existing operation. The new franchisee and team will undergo an intensive 4 week training program, which encompasses both the theoretical and practical on the job training. The training is designed to prepare the participants fully for the operation of their new business.Looking for franchisees in all major cities throughout South Africa.

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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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