Price Reduced
Very popular steakranch in Hermanus since 1999 only about 80m from the sea. The business is currently run by the FOH and BOH managers. The owners had to move back to Gauteng. The restaurant has a partly mountain and seaview. The asking price is R500,000.00, stock included.
There is a once-off franchise fee payable of R60,000.00 to the franchisor over and above the asking price. Franchisor will offer training for new owners of 2 weeks in Cape Town. Royalties = 3% and advertising = .50% payable monthly on the turnover.
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