La Bella Trattoria For Sale
R980,000.00
Durban North, Durban Metropolis, Kwazulu Natal
Property Information
| CODE : | PP4099 |
| Asking Price : | R980,000.00 |
| Ownership : | S/Title |
Description
Monthly Net Profit: R25,000 per month
Rent: R25,000 per month
Escalation: 10% per annum
Lease Details: 2½ Years Plus 3 Year Option To Renew
Store Size: ±1000m²
Seating: ±120
Trading Hours: Mon: 11h00am – 21h00; Tues to Fri: 11h00 – 21h30pm; Sat: 08h00 – 21h30; Sun: 08h00 – 21h00
Monthly Turnover: R350,000 per month
Franchise/Joining Fees: Nil
Franchised. This is a fantastic opportunity for a couple of operators to exploit the huge potential that this business has to offer. It has a captive market with over 3500 students and a number of sports fields. 800 Student apartments to be built on site and a number of additional sports fields will be added by the end of the year. Monthly royalties payable.
Royalties: R10,000 per month
Advertising/Marketing Fees: Nil
Ref No: BC 545
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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.
