Arizona Spur In Stellenbosch For Sale


Cape Metropolis, Western Cape

Property Information

CODE : PP4688
Asking Price : R3,000,000.00
Ownership : Freehold


Rent: R97,000 per month
Escalation: 7% per annum
Lease Details: 5 Years Plus 5 Year Option To Renew
Store Size: 554m² Seating: 360
Trading Hours: Monday to Sunday: 08h00 – 23h00
Monthly Turnover: R1,000,000
Financials Available: On Request From The Seller
Franchise/Joining Fee: R100,000
Royalties: 5% per month
Advertising: 4% per month

Franchised. Situated in a busy mall with high foot traffic. Spur was established over 40 years ago and is recognised both locally and internationally. It is a distinctly family-orientated brand. A passionate hands-on operator, not afraid of working long hours and prepared to uphold the values of the brand. Totally service orientated and people friendly and prepared to go that extra mile for their customers. Prepared to learn and listen and add value. Be proactive and not reactive. Non-discriminatory and understand the importance of National Operating Standards, Understands that increased involvement at store level equals increased profits. Joining fees and monthly royalties 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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