John Dory's Franchise Opportunity
R4,250,000.00
Heidelberg, Vaal Triangle, Gauteng
Property Information
| CODE : | PP4145 |
| Asking Price : | R4,250,000.00 |
| Ownership : | S/Title |
Description
Projected Monthly Net Profit: R80,000
Rent: R41,250 per month
Escalation: 8% per annum
Lease Details: 5 Years Plus 5 Year Option To Renew
Store Size: 250m²
Seating: 150
Trading Hours: Sunday to Thursday: 10h30 – 21h30; Friday & Saturday: 10h00 – 22h00
Projected Monthly Turnover: R800,000 per month
Unencumbered Cash Required: 50% Of Set Up Costs
Franchise/Joining Fee: R100,000
Royalties: 5% per month
Advertising: 4% per month
John Dory’s opened its first store in Durban in 1996 and the brand currently has 36 restaurants throughout South Africa. JD’s specialises in seafood, sushi & grills. The brand is all about fun, great taste and excellent value for the whole family. John Dory’s takes pride in its relationship with The Southern African Initiative (SASSI) realizing how vital responsible – fishing practices are to our depleted ocean resources. They also pride themselves on their uncompromising and absolute transparency and honesty.
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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.
