Mexican Restaurant For Sale

R3,300,000.00

Morningside, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP4793
Asking Price : R3,300,000.00
Ownership : Freehold


Description

Monthly Net Profit: R120,000

Rent: R92,000 per month
Escalation: 10% per annum
Lease Details: 2 Years Plus 5 Year Option To Renew
Store Size: 384m² - Inside; 200m² - Outside
Seating: 165
Trading Hours: Monday to Sunday: 11h00 – 02h00
Financials Available: On Request From The Seller

Non – Franchised. This is a vibey Mexican restaurant in the heart of Durban's Florida Road restaurant scene. The restaurant offers an authentic Mexican menu along with specialties which include our their famous Taco Pizzas. Creating a new take on Mexican cuisine, the menu aims to showcase a diversity of flavours completed with a service style that creates a unique, fun and vibey dining experience. The beverage menu incorporates Mexican classics with an extensive cocktail list that include classic Mexican flavours such as tequila and mezcal.

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Contact the Agent

Billy Constantinou » +27 83 250 2013
[email protected]

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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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