RJ's Steakhouse Franchise Opportunity

R2,570,000.00

Pietermaritzburg, Midlands, Kwazulu Natal

Property Information

CODE : PP5141
Asking Price : R2,570,000.00
Ownership : Freehold


Description

Projected Monthly Net Profit: R270,000 per month

Rent: R50,000 per month – Year 1: R100,000 per month – Year 2:
Escalation: 8%
Lease Details: 5 Years
Store Size: 368m²
Seating: 200
Trading Hours: Monday to Sunday: 08h00 – 23h00
Projected Monthly Turnover: R1,180,000 per month
Total Set-Up Cost: R2,570,000

RJ’s Steakhouse was founded in 1980. It is a value for money family steakhouse that has become synonymous with succulent steaks, mouth-watering ribs generously portioned, and delicious burgers. Only selected AAA beef cuts which are aged to perfection can be expected from RJ’s. Seafood and chicken dishes are also available. Must be owner-run or managed by operator with a minimum of 40% equity. Training is conducted in Durban within an existing operation. The new franchisee and team will undergo an intensive 4-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]

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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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