Mimmos For Sale

R1,700,000.00

Kempton Park, East Rand, Gauteng

Property Information

CODE : PP4498
Asking Price : R1,700,000.00
Ownership : Freehold


Description

Monthly Net Profit: R60,000

Rent: R58,700 per month
Escalation: 9% per annum
Lease Details: 1½ Years Plus Option To Renew
Store Size: 220m2 - Inside
Seating: 98 – Inside; 40 – Passage; 32 - Outside
Trading Hours: Monday to Sunday: 10h00 - 22h00

Franchised. The story Mimmos is one of success and determination. Comprised of a committed group of young, energetic and experienced entrepreneurs, this franchising team brings their own flair and expertise to all aspects of the concept. Today, as the largest Italian family restaurant franchise in South Africa, they still aim to be the best by ensuring that customer’s expectations are met, and with this in mind they maintain their strategy of only opening new outlets in secure locations with seasoned operators. 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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