Founders Restaurant & Grill For Sale

R3,600,000.00

West Rand, Gauteng

Property Information

CODE : PP4837
Asking Price : R3,600,000.00
Ownership : Freehold


Description

Monthly Net Profit: R90,000 – R120,000

Rent: R66,000 per month
Escalation: 10% per annum
Lease Details: 4 Years & 5 Year Option To Renew
Store Size: 980m²
Seating: 180
Trading Hours: Mon to Thurs: 12h00 - 22h00; Sat: 16h30 - 22h00; Sun: 12h00 - 15h00
Monthly Turnover: R950,000 per month
Financials Available: On Request From The Seller
Franchise/Joining Fee: R75,000
Royalties: 5% per month
Advertising: 2% per month

Franchised. This is a superb restaurant that has stood the test of time and is definitely the market leader in the Florida area. A great opportunity for a quality operator to take over this business and continue to maximise profitability. 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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