Calisto's Franchise Opportunity
R3,500,000.00
Umhlanga Gateway, Durban Metropolis, Kwazulu Natal
Property Information
| CODE : | PP5229 |
| Asking Price : | R3,500,000.00 |
| Ownership : | Freehold |
Description
Projected Monthly Net Profit: R150,000
Rent: R70,000 per month
Escalation: 8% per annum
Lease Details: 5 Years
Store Size: 300m2
Seating: 160
Trading Hours: Monday - Sunday: 11h00 - 22h00
Projected Turnover: R1,000,000 per month
Unencumbered Cash Required: R1,750,000
Franchise/Joining Fees: R150,000
Royalties: 5% per month
Advertising/Marketing Fees: 2% per month
Calisto’s Portuguese Restaurant was founded and developed by an innovative and successful duo that is passionate about Portuguese food and flavours. The hearty family brand that has grown tremendously since it’s humble beginnings 24 years ago and is a name that has become synonymous with Portuguese food lovers. Calisto’s believes that finding the right people to fly the Calisto’s flag is key to the success of their brand and their growth strategy. The ideal franchisee possesses entrepreneurial spirit, takes pride in the brand and their establishment and endeavours to ensure the success of both.
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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.
