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Listing ID: 3104309

Nikos Coalgrill Greek In Ballito For Sale

Ballito, KwaZulu Natal, South Africa

R 6,750,000

(Furniture / Fixtures included)

Revenue: R 14,400,000

Cash Flow: R 160,000

Business Description

Rent: R75,000 per month
Escalation: 7% per annum
Lease Details: 4 Years Plus 5 Year Option To Renew
Store Size: 450m²
Seating: 220
Trading Hours: Monday to Saturday: 12h00 – 22h00; Sunday: 12h00 – 21h00
Franchise/Joining Fee: R145,000
Royalties: 5% per month
Advertising/Marketing Fee: 2% per month

Situated on the Ballito beachfront with a view over the ocean like that, you are in for an amazing treat. The decor and vibe is fresh and fun. Nikos marries contemporary dining with traditional home-style Greek cooking, coal grilled to perfection. This is a fantastic opportunity for a hands-on operator or a family run business.

Property Details

Property Type:

Lease

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