Coffee Shop & Restaurant For Sale
R900,000.00
Springfield Park, Durban Metropolis, Kwazulu Natal
Property Information
| CODE : | PP4587 |
| Asking Price : | R900,000.00 |
| Ownership : | Freehold |
Description
Rent: R26,676 per month
Escalation: 8% per annum
Lease Details: November 2020
Store Size: 130m²
Seating: 68
Trading Hours: Monday to Sunday: 08h00 – 17h00
Monthly Turnover: R173,000 per month
Financials Available: On Request From The Seller
Franchise/Joining Fees: R80,000
Royalties: 5% per month
Advertising/Marketing Fees: 2% per month
Franchised. Combining modern, slick and snappy convenience with fresh wholesome meals, this Caffe model is the perfect blend of a trendsetting concept and coffee house and traditional Italian full service bistro. The concept works because it stays current and its stylish setting makes it the perfect place to enjoy a respite from a busy day. The Franchisor’s team is a passionate group who like to attract, develop and retain like-minded business partners. The Brand insists that all stores be owner operated, but while previous experience in the food industry will be advantageous, it is not a prerequisite. Joining fees and monthly royalties payable.
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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.
