Panarottis For Sale

R850,000.00

Warmbaths, Limpopo

Property Information

CODE : PP4370
Asking Price : R850,000.00
Ownership : Freehold


Description

Monthly Net Profit: R28,000

Rent: R50,000 per month
Escalation: 7% per annum
Lease Details: 3 Years & 5 Year Option To Renew
Store Size: ±250m²
Seating: 130
Trading Hours: Monday to Sunday: 08h00 – 22h00
Monthly Turnover: R415,000 per month
Selling Price: R850,000
Financials Available: On Request From The Seller
Franchise/Joining Fees: R125,000
Royalties: 5% per month
Advertising/Marketing Fees: 4% per month

Franchised. Panarottis is a sit-down restaurant concept catering to the family market. They are known for their generous portions, special offers and family inviting atmosphere. The franchisees benefit from the support, knowledge and skill provided by the company. The Franchisor favours franchisees with prior experience at managing a business. This, together with a willingness to invest time, enthusiasm and energy into running their business makes for a profitable combination when supported by the well-trained and motivated operations team. Joining fees and monthly royalties payable.

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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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