Knead Bakery For Sale

R4,400,000.00

Sandton, Johannesburg, Gauteng

Property Information

CODE : PP4544
Asking Price : R4,400,000.00
Ownership : Freehold


Description

Monthly Net Profit: R80,000 - R100,000

Rent: R82,142 per month
Escalation: 8% per annum
Lease Details: 2½ Years Plus 5 Year Option To Renew
Store Size: 314m²
Seating: 142
Trading Hours: Tues to Sat: 07h00 – 21h00; Sun: 07h30 – 17h00; Mon: 07h00 – 18h00
Monthly Turnover: R800,000 - R1,000,000 per month
Monthly Net Profit: R80,000 - R100,000 per month
Financials Available: On Request From The Seller
Franchise/Joining Fees: TBA
Royalties: 6,5% per month
Advertising/Marketing Fees: Nil

Franchised. Knead is tucked away in the Michaelangelo Towers. This is a franchised Bakery/restaurant that has loads of appeal. This business is highly rated and growing in popularity. Excellent investment. Joining fees and monthly fees 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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