Adega Express Franchise Opportunity

R2,000,000.00

Roodepoort, Johannesburg, Gauteng

Property Information

CODE : PP5641
Asking Price : R2,000,000.00
Ownership : Freehold


Description

Opening Date: ASAP
Rent: TBA
Escalation: TBA
Lease Details: 5 Years
Store Size: ±80m2
Seating: TBA
Trading Hours: As Per Shopping Centre Hours
Projected Turnover: R500,000 per month
Projected Net Profit: R100,000 per month
Unencumbered Cash Required: R1,000,000
Franchise/Joining Fees: R150,000
Royalties: 5% per month
Advertising/Marketing Fees: 4% per month

Owner-run or managed by operator with a minimum of 40% equity. Training is conducted in Johannesburg within an existing operation. The new franchisee and team will undergo an intensive 4 weeks 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.

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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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