Cadillac Jack’s Roadhouse For Sale

R500,000.00

Benoni, East Rand, Gauteng

Property Information

CODE : PP4336
Asking Price : R500,000.00
Ownership : Freehold


Description

Monthly Net Profit: R20,000

Rent: R70,000 (All Inclusive) per month
Escalation: 9% per annum
Lease Details: 3½ Years Plus 5 Year Option To Renew
Store Size: 250m²
Seating: 50 plus 50 Plus 25 Parking Bays
Trading Hours: Saturday To Thursday: 09h30 – 21h30; Friday: 09h30 – 23h00
Monthly Turnover: R320,000 per month

Non – Franchised. The business is situated in a busy shopping centre which boasts a new KFC and stand alone Dis-chem. The anchor tenant is Spar. The business is highly visible and faces the main road passing the strip mall. The business has good potential and requires a facelift which will attract increased patronage. There is a small hall available for sub-letting. This is a non-franchise business.

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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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