Adega Express For Sale

R1,700,000.00

Woodmead, Johannesburg, Gauteng

Property Information

CODE : PP4503
Asking Price : R1,700,000.00
Ownership : Freehold


Description

Monthly Net Profit: R57,000

Rent: R17,900 per month
Escalation: 8% per annum
Lease Details: 4 Years Plus Option To Renew
Store Size: 40m²
Seating: 20
Trading Hours: Monday to Saturday: 09h00 – 21h00; Sunday: 09h00 – 18h00

Adega Express is a Portuguese. Manager run. Relatively new and situated in the heart of upmarket area. The Delivery Service aspect of the business is growing but has not yet been fully exploited. Excellent Growth potential. The new franchisee and team will undergo an intensive 4 week training program, which encompasses both the theoretical and practical on the job training. The training is designed to prepare the participants fully for the operation of their new business. Joining fees and monthly royalties payable.

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Please Note Due to the fact that the above information has been supplied to us by the property owners and other 3rd party organisations, Portfolio Property Investments will not be held liable or responsible for any errors, misrepresentations or omissions. Due to the nature of property transactions it is always advisable that any prospective purchaser or tenant undertake a thorough due diligence of their own.

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