Wakaberry Frozen Yogurt Bar In Somerset Mall

R550,000.00

Cape Metropolis, Western Cape

Property Information

CODE : PP4746
Asking Price : R550,000.00
Ownership : Freehold


Description

Monthly Net Profit: R15,000 – R20,000

Rent: R20,000 per month
Escalation: 10% per annum
Lease Details: 2 Years Plus Option To Renew
Store Size: 24m²
Seating: Food Court
Trading Hours: Monday to Sunday: 09h00 – 21h00
Monthly Turnover: R60,000 per month
Franchise/Joining Fees: R175,000
Royalties: 7% per month
Advertising/Marketing Fees: 2% per month

Franchised. Wakaberry Frozen Yogurt Bar is located in a premium shopping centre. Each Applicant must have a person/s on his/her team with management experience or proven executive leadership skills. That person/s must have extensive experience in operations with a history of superior customer service and quality store management, or proven executive and leadership skills, and must also reside within an easy commute of the store and have a good knowledge of the local area. Great opportunity for a first time buyer or a retired couple who are looking to supplement their income. 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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