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Restaurants For Sale in Boksburg Gauteng

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Adega Restaurant

Location:Boksburg, Gauteng

Category:Restaurant

Asking Price:R2,700,000

2700000

  • Sales revenue : R950,000
  • Net profit : R150,000
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Adega Restaurant

Business description

Adega is a well known franchised Portuguese Restaurant situated in a strip mall on one of the busiest main roads in Boksburg. The business is well established and known in the area. It is currently manager run and has the potential to perform even better if it is owner operated. Large kids play area.

Other Information

  • Selling Assets: In store assets included in purchase
  • Is Business Relocatable?: N/A
  • Is Business Home Based?: N/A
  • Franshise Terms: Franchise/Joining Fees: R160,000 Plus R25,000 Training Fees Monthly royalties currently 4,5% of Turnover Advertising fee curretly at % of Turnover
  • Real Estate: Store Size: 700m² Plus Kids Play Area 200m² Rent: R83,000 per month Seating: 300
  • Expansion: Large business with good future expansion prospects.
  • Years Established: 2008
  • Employees: tbc
  • Trading Hours: Monday to Saturday: 11h00 - 22h00. Sunday: 11h00 - 22h00
  • Support Training: Innitial training provided by the Franchisor whereafter full support provided.
  • Reason For Selling: This is a Franchisor store and currently manager run.
  • Lease Terms: Lease has just been renewed for a further 5 years
Bc Franchising Consultants
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