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Restaurants in Centurion Gauteng

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Salsa Mexican Grill

Location:Centurion, Gauteng

Category:Restaurant

Asking Price:R6,500,000

6500000

  • Sales revenue : R1,100,000
  • Net profit : R200,000
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Salsa Mexican Grill

Business description

Extremely popular Famous Brands franchise restaurant situated in Centurion. Salsa is not your traditional Mexican Grill. Authentic Mexican recipes are on offer and traditional cooking methods are used. Signature cocktails and custom range of craft tequilas. Joining Fee and Royalties payable.

Other Information

  • Selling Assets: Business assets included
  • Is Business Relocatable?: N/A
  • Is Business Home Based?: No
  • Franchise: Franchise joining fee of R 140,000 payable. Royalties at 5% of Turnover and Marketing of 2% of turnover payable monthly.
  • Real Estate: Store Size: 280m2. Seating for 160 patrons.
  • Years Established: 2017
  • Employees: 20 + 14 waiters
  • Trading Hours: 11h00 -- 22h000
  • Support Training: Support and training to be given by the Franchisor.
  • Reason For Selling: Seller Immigrating
  • Lease Terms: 3 years remaing with option to renew. Rental: R45,000 per month uo to a turnover of R 850,000 thereafter 6% of turnover. Escalation at 8% per annum.
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