Butcher Block Franchise Opportunity
R2,575,000.00
Ballito, North Coast, Kwazulu Natal
Property Information
| CODE : | PP5541 |
| Asking Price : | R2,575,000.00 |
| Ownership : | Freehold |
Description
Projected Net Profit: R125,000
Rent: R42,050 per month
Escalation: 10% per annum
Lease Details: 5 Years & 5 Year Option To Renew
Store Size: 545m2
Seating: ±160
Trading Hours: Monday to Sunday: 12h00 – 22h30
Projected Turnover: R870,000 per month
Financials Available: Cashflow Forecast
Franchise/Joining Fees: R150,000
Royalties: 5% per month
Advertising/Marketing Fees: 2% per month
Butcher Block was founded in 2003 and has since grown into a well-known and highly respected steakhouse company. For those who are partial to red meat, the Butcher Block offers quality and value for money. Owner/operator preferably must have experience within the restaurant industry. Training is conducted in Durban within an existing operation. The new franchisee and team will undergo an intensive 8-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.
