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Listing ID: 2773240

Adega Portuguese Restaurant For Sale

Boksburg, Gauteng, South Africa

R 5,250,000

(Furniture / Fixtures included)

Revenue: R 1,000,000

Cash Flow: R 175,000

Business Description

Franchised. 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.

Property Details

Size:

Store Size: 700m² Plus Kids Play Area 200m²

Years Established:

2009

Property Type:

Lease

Other Details

Business Location:

Situated on the corner of strip mall facing one of the busiest street is the East Rand.

Premise Details:

Lease Details: 3 Years Plus 5 Year Option To Renew Seating: 300. Rent: R78,500 per month

Competition:

Long established with no real competition in the immediate area

Expansion Potential:

Business needs to be owner run,currently manager run.

Operation Details

Employees:

tbc

Trading Hours:

Trading Hours: Sunday to Thursday: 10h00 - 22h00; Friday & Saturday: 10h00 - 00h00

Support & Training:

Support and training provided by the franchisor prior to take over

Miscellaneous

Reason For Selling:

Owner immigrated

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