Adega Express Franchise Opportunity

R1,500,000.00

Atlantic Seaboard, Cape Metropolis, Western Cape

Property Information

CODE : PP4177
Asking Price : R1,500,000.00
Ownership : Freehold


Description

Upmarket yet affordable, Adega serves traditional Portuguese cuisine. The franchise specialises in seafood, chicken and meat. 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. Looking for franchisees in all major cities throughout South Africa.

Unencumbered Cash Required: R750,000
Franchise/Joining Fees Payable By Franchisees: R150,000
Royalties Payable By Franchisees: 5% per month
Advertising/Marketing Fees Payable By Franchisees: 4% per month

RESTAURANT SPACE - GREEN POINT - 110sqm @ R227.27 p/sqm @ R25000 (+VAT) p/m
This 110sqm prime retail space is available for immediate rental on Main road in the heart of the hustle and bustle of Green Point, a very vibey and popular neighbourhood in the heart of Green Point. The space is suited for a small restaurant / bistro / coffee shop / eatery or retail outlet and is within walking distance to the V & A Waterfront and Cape Town Stadium. It is situated on the My Citi Bus route and there is ample free parking on main road as well as municipal parking across the road.
It has an 80sqm open plan space inside and an outside seating terrace area of 30sqm. The internal space can be gutted if necessary.
• Prime, visible, high traffic area
• 80sqm internal space
• 30sqm external terrace space
• Ample free parking
• Price Inclusive of levies
• Open plan inside space of 80sqm
• Kitchen customer facing
• Outside seating area of 30sqm
The above lease excludes VAT, electricity and the pro rata share of all municipal costs including but not limited to water, refuse and sewerage charges


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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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