Coffee Shop & Restaurant For Sale
R2,000,000.00
Umhlanga, Durban Metropolis, Kwazulu Natal
Property Information
| CODE : | PP4609 |
| Asking Price : | R2,000,000.00 |
| Ownership : | Freehold |
Description
Monthly Net Profit: R80,000
Rent: R22,000 per month
Escalation: 8% per annum
Lease Details: 2 Years Plus Option To Renew
Store Size: Inside – 65m²; Outside – 100m²
Seating: 65
Trading Hours: Mon to Fri: 07h00 – 17h00; Saturday: 07h00 – 15h00; Sun: 07h00 – 14h0
Monthly Turnover: R300,000 per month
Financials Available: On Request From The Seller
Franchise/Joining Fees: Nil
Non – Franchised. Established in 2011 in the heart of Umhlanga, this coffee shop and bakery is an ideal business for a conversion to a national brand or for someone to tap into the potential of this business to trade in the evenings.
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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.
