Olive & Oil - PMB
Restaurants for Sale / 453 views
R 5,400,000.00
Trading since 2012 and strategically positioned in the Cascades Mall, this intrinsically Mediterranean-inspired venue has a well established reputation. Olive & Oil boasts of delicious food, great service and an ambiance that lends itself to casual dining or special occasions. The pivotal philosophy behind each Olive & Oil restaurant is that of serving comfortable food made exceptionally well by nice, people. The ethos that underpins it is that of food, fun and family. Whilst the market Is faced with fast food or fast-casual affairs for families, the niche cornered by Olive & Oil is that of a full table service family restaurant, where food can be enjoyed at leisure and the whole family is welcome.
- Location: Cascades Shopping Centre, PMB
- Projected Profit: R150,000 per month
- Rent: R81,000 per month
- Lease details: 3½ Years Plus 5 Year Option To Renew
- Initial Joining Fee: N/A
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Financial details:
Unencumbered Cash Required: 50%
Royalties: 5% per month
Advertising/Marketing Fee: 2% per month - Reference no: BC 663