Adega Express In Emmarentia For Sale

R775,000.00

Johannesburg, Gauteng

Property Information

CODE : PP4946
Asking Price : R775,000.00
Ownership : Freehold


Description

Monthly Net Profit: R40,000

Rent: R20,000 per month
Escalation: 8% per annum
Lease Details: New Lease
Store Size: 90m²
Seating: 30
Trading Hours: Sunday to Sunday: 09h00 – 21h00
Monthly Turnover: R240,000 per month
Financials Available: Nil
Franchise/Joining Fees: R75,000 Plus R25,000 Training Fee
Royalties: 5% per month
Advertising/Marketing Fees: 4% per month

Adega Express is a Portuguese quick service restaurant. 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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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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