Derek Fox

+27 82 886 0651

Derek Fox

derek@succeedbrokers.com

News Café – Tshwane

R1.5 million

Description

T/O:                                 R650k to 750k (excluding vat) potential t/o R1m

Rent:                                R65k (vat included) escalation 6%

Municipal bill:                 R20k

Staff:                                R60k

Managers:                      R20k

Gas:                                 R10k

Franchise Fee:                R56k  (5%+3%)

GP:                                   60%

Net:                                  R100k

 

Asking Price:                R1,5m  PRICE SLASHED TO LESS THAN HALF- OWNER EMIGRATING

Reason for sale:            Owner emigrating

Owner requests qualified Buyer to sit with him and verify turnover and expenses

Address

  • City: Tshwane
  • State/county: Gauteng
  • Country: United States

Detail

  • Property ID: SBN-3421
  • Price: R1.5 million

Contact info

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