Nikos Franchise opened the first Nikos Coalgrill Greek store in Durban North in March 2017.
To open a Nikos Franchise, a is required to have 50% of the set-up costs, being approx R4,3 million unencumbered.
Upfront Fee: R120 000;
Approx Establishment Cost: R4,3 million; Recommended working capital: R2.150 million;
Total Investment: R4,3 million;
Franchisee’s minimum own cash
(before loan): R2,150 million;
MSF: 5%; Adv: 2%; Total: 7%.