Portuguese Restaurant For Sale

R4,800,000.00

Ballito, North Coast, Kwazulu Natal

Property Information

CODE : PP5076
Asking Price : R4,800,000.00
Ownership : Freehold


Description

Monthly Net Profit: R180,000

Rent: R112,932 per month
Escalation: 10% per annum
Lease Details: 2 Years
Store Size: 480m²
Seating: 210
Trading Hours: Monday To Sunday: 12h00 – 22h00
Monthly Turnover: R1,100,000 per month




Non – Franchised. This is an authentic Portuguese Restaurant that is strategically located in a major regional shopping centre. It has been trading successfully for over 15 years. Their food is prepared using only the freshest ingredients, herbs and spices. The family tradition is to cook from the heart with recipes handed down from generation to generation, which has evolved into Portuguese Cuisine with an African Influence.

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Contact the Agent

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

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