Barcelos For Sale
R800,000.00
Berea, Durban Metropolis, Kwazulu Natal
Property Information
| CODE : | PP4658 |
| Asking Price : | R800,000.00 |
| Ownership : | Freehold |
Description
Monthly Net Profit: ±R25,000
Rent: R11,000 per month
Escalation: 10% per annum
Lease Details: 4 Years
Store Size: ±80m²
Seating: 24
Trading Hours: Sunday to Thursday: 08h00 – 20h00; Friday & Saturday: 10h00 – 19h00
Monthly Turnover: ± R150,000 per month
Financials Available: On Request From The Seller
Franchise/Joining Fees: R100,000
Royalties: 5% per month
Advertising/Marketing Fees: 3% per month
Barcelos Flame Grilled Chicken is a well-known, industry-leading brand. From humble beginnings with one store in Pretoria the company started growing exponentially after they began franchising in 1998 and today Barcelos boasts an international footprint of over 100 outlets in more than 17 17 continuity and excellence throughout the brand. Barcelos strongly advocates owner-operated franchise outlets with franchisees willing to abide by the national operating standards prescribed by the franchisor. The ideal Barcelos franchisee is a service-orientated individual who believes in a pro-active approach. 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.
