Maxi's In Randburg Square For Sale
R1,200,000.00
Randburg, Johannesburg, Gauteng
Property Information
| CODE : | PP4945 |
| Asking Price : | R1,200,000.00 |
| Ownership : | Freehold |
Description
Monthly Net Profit: R30,000
Rent: R40,187 per month
Escalation: 10% per annum
Lease Details: 8 Months Plus Option To Renew
Store Size: 192m2
Seating: 66 – Inside; 14 - Outside
Trading Hours: Monday to Friday: 07h00 – 18h00; Sat: 07h00 – 17h00; Sunday: 09h00 – 13h00
Monthly Turnover: R255,000
Financials Available: On Request From The Seller
Franchise/Joining Fees: R110,000
Royalties: 6% per month
Advertising/Marketing Fees: 4% per month
Franchised. Maxi’s was founded to address the market need for a family restaurant franchise offering an extended, quality menu selection. In recent years an initiative was launched to reposition the Maxi’s brand as a unique, highly recognisable, fast-growing and decidedly competitive brand with a menu offering for everyone. This is a great opportunity for a first time buyer. 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.
