Jessica's - Ruimsig For Sale

R5,250,000.00

Krugersdorp, West Rand, Gauteng

Property Information

CODE : PP7731
Asking Price : R5,250,000.00
Ownership : S/Title


Description

Jessica’s was established in 2017 by Jessica Botha & Andries Strydom. As avid foodies and lovers of hospitality their aim was to create a lifestyle restaurant brand which focuses on great fresh food and creates a welcoming space for friends and families to connect and share a meal.

Address Of Business: Hole-In-One Avenue, Ruimsig, Roodepoort
Number Of Years In Business: May 2022
Reason For Selling: Focus on Franchising
Selling Price: R5,250,000
Net Profit: ±R175,000 per month
Rent: 6.5% of Turnover
Escalation: N/A
Lease Details: 6 Years
Seating: 212
Store Size: 580m²
Trading Hours: Monday to Saturday: 08h00 – 221h30; Sunday: 08h00 – 21h00
Franchise/Joining Fees: R90,000 Plus R80,000 Training Fee
Royalties: 7% per month
Advertising /Marketing Fees: 1% per month

Image Gallery

Contact the Agent

Billy Constantinou » +27 83 250 2013
[email protected]

Your Information







  

  

  



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.

Property Management Banner