Del Forno In Middelburg For Sale

R2,600,000.00

Mpumalanga

Property Information

CODE : PP5402
Asking Price : R2,600,000.00
Ownership : Freehold


Description

Monthly Net Profit: R100,000

Rent: R32,000 per month
Escalation: 8% per annum
Lease Details: 4½ Years Plus 5 Year Option To Renew
Store Size: 290m2
Seating: 110
Monday to Sunday: 08h00 – 21h00
Turnover: R500,000 per month
Financials Available: On Request from The Seller
Franchise/Joining Fees: R150,000
Royalties: 5% per month
Advertising/Marketing: 3% per month

Franchised. Del Forno captures the essence of a true Italian sidewalk café and is the only true sit down pizzeria chain in the franchise industry. Tapping into the traditionally rich Italian heritage all menu items are skilfully prepared in a wood fired pizza oven. Del Forno franchisees are vibrant, enthusiastic, self-motivated individuals believe in a hands-on approach. Previous food or restaurant experience is not required as comprehensive training is provided, but all Del Forno outlets must be owner managed. Monthly royalties payable.

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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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