Joop's Place - Durban For Sale


Durban CBD, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP7670
Asking Price : R3,500,000.00
Ownership : S/Title


Established in 1993 by Joop and Wendy Mol, the couple’s intention was to share their passion and knowledge of food with all of Durban. Joop’s Place became a local institution synonymous with the best steaks in town. Joop’s was completely revamped early in 2021, and now you also have the convenience of Joop’s chefs or butchers inside the dining area, ready to cut your personally-chosen selection of meat as well as the satisfaction of having it grilled to perfection in front of you.
Joop’s Butchery is a neighbourhood butcher shop in the vibrant city of Durban, offering artisanal meats and meat products that are made in-house. We source our meats chiefly from small, family farms in the Kwazulu-Natal Midlands, the Karoo and Free State. The farmers who supply us are carefully handpicked for their humanely-raised, high-quality animals, and we are proud to share the stories of our farmers and their methods.

Number Of Years In Business: 30 Years (Current Owner January 2021)
Reason For Selling: Other Business Interests
Selling Price: R3,500,000
Net Profit: ±R125,000 per month
Rent: ±R36,700 per month
Escalation: 10% Fixed On Renewal
Lease Details: 31 December 2023 Plus 3 Years Option To Renew
Seating: 125
Store Size: Inside - 194m²; Bar - 68m²
Trading Hours: Tues to Thurs & Sat: 17:00 - 22:00; Fri: 12:00 - 22:00; Sun: 12h00 – 17h00
Franchise Fees: Nil

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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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