Adega Express In Sandton City For sale
R5,500,000.00
, Johannesburg, Gauteng
Property Information
CODE : | PP4940 |
Asking Price : | R5,500,000.00 |
Ownership : | Freehold |
Description
Monthly Net Profit: R150,000
Rent: R150,000 per month
Escalation: 8% per annum
Lease Details: 2 Years Plus Option To Renew
Store Size: 130m2
Seating: Food Court
Trading Hours: Monday to Sunday: 11h00 – 21h00
Monthly Turnover: R750,000 per month
Financials Available: On Request From The Seller
Franchise/Joining Fees: R75,000
Royalties: 5% per month
Advertising/Marketing Fees: 4% per month
Franchised. 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. Joining fees and monthly royalties payable.
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Contact the Agent
Billy Constantinou » ++27 83 250 2013
[email protected]
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.