Mike's Kitchen In Mount Pleasant For Sale

R1,200,000.00

Port Elizabeth, Eastern Cape

Property Information

CODE : PP4938
Asking Price : R1,200,000.00
Ownership : Freehold


Description

Monthly Net Profit: R45,000

Rent: R28,000 per month
Escalation: 8% per annum
Lease Details: New Lease
Store Size: 310m2
Seating: 120
Trading Hours: Monday to Sunday: 08h30 – 22h00
Financials Available: On Request From The Seller
Franchise/Joining Fees: R150,000
Royalties: 5% per month
Advertising/Marketing Fees: 2% per month

Mike’s Kitchen franchisees should display entrepreneurial spirit while also being prepared to work within the strict parameters imposed by the franchise system. Applicant franchisees should possess superior people skills, the ability to communicate well with people at all levels as well as a flair for marketing and sales. 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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