Le Cremosa In Dainfern For Sale
R1,300,000.00
, Johannesburg, Gauteng
Property Information
CODE : | PP5441 |
Asking Price : | R1,300,000.00 |
Ownership : | Freehold |
Description
Monthly Net Profit: R40,000
Rent: R20,800 per month
Escalation: 8% per annum
Lease Amount Left & Option to Renew: 1 Year Plus Option To Renew
Store Size: 50m2 Plus Outside Seating Area
Seating: 20
Trading Hours: Monday to Saturday: 09h00 – 20h00; Sunday: 09h00 – 19h00
Monthly Turnover: R175,000 per month
Financials Available: On Request From The Seller
Franchise/Joining Fees: R50,000
Royalties: 5.5% per month
Advertising/Marketing Fees: 2.5% per month
With more than 30 years experience in the sector in Italy, La Cremosa brought the authenticity of artisanal Italian gelato in South Africa. After the successful opening in Dainfern Square Shopping Centre a new store was opened in Umhlanga Ridge. The offering incudes: Gelato, Coffee, Pastry and take away dessert. Joining fees and monthly royalties payable.
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Contact the Agent
Billy Constantinou » ++27 83 250 2013
[email protected]
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.