Steakhouse For Sale

R2,500,000.00

Ballito, North Coast, Kwazulu Natal

Property Information

CODE : PP4611
Asking Price : R2,500,000.00
Ownership : Freehold


Description

Monthly Net Profit: R160,000

Rent: R30,000 per month
Escalation: 7% per annum
Lease Details: 2 Years Pus 5 Year Option To Renew
Store Size: 545m²
Seating: 140 – Inside; 80 - Outside
Trading Hours: Monday to Sunday: 11h00 – 22h00
Monthly Turnover: R700,000 per month
Financials Available: On Request From The Seller

Non – Franchised. This is one of the most popular steakhouses in the north coast of Durban. It is superbly located with great sea views. Only a quality operator and a serious buyers need to apply for this excellent business opportunity.

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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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