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]
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.
