La Bella Café & Cocktail Bar Franchise Opport
R2,000,000.00
Umhlanga, Durban Metropolis, Kwazulu Natal
Property Information
| CODE : | PP5138 |
| Asking Price : | R2,000,000.00 |
| Ownership : | Freehold |
Description
Rent: R55,000 + Outside ±R5,000 per month
Escalation: 8% per annum
Lease Details: New Lease
Store Size: Inside: 133,41m²; Outside: ±80m²
Seating: ±100
Trading Hours: Monday to Sunday: h00 – 22h00
Projected Monthly Turnover: R525,000 per month
Projected Monthly Net Profit: R110,000 per month
Total Set-Up Cost: R2,000,000
Unencumbered Cash Required: R1,250,000
Franchise/Joining Fees Payable By Franchisees: R100,000
Royalties Payable By Franchisees: R20,000 per month
Advertising/Marketing Fees Payable By Franchisees: 1.5% per month
This is a great opportunity to acquire this franchise in one of the most sought after sights in the Umhlanga Village precinct. Owner/operator preferably must have experience within the restaurant industry. Training is conducted in an existing operation. The new franchisee and team will undergo an intensive 2-week training program, which encompasses both the theoretical and practical on the job training. The training is designed to prepare the participants fully for the operation of their new business.
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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.
