Mochachos - Umhlanga For Sale


Umhlanga, Durban Metropolis, Kwazulu Natal

Property Information

CODE : PP7732
Asking Price : R3,100,000.00
Ownership : S/Title


Mochachos opened its first store in 1994 in Pretoria. At the time it was known as Mochachos Steak Villages. This store was one of the first outlets in South Africa to offer Mexican Dishes. The Mochachos Chicken Villages concept is based on “Mexican Flavoured Flame Grilled Chicken” combined with a specialised Mexican Foods menu. The motivating factor for this choice was the demand for consumers for “exotic” and healthy dining. Store designs are funky and modern and create the perfect ambiance for fun and comfortable dining. For the past 25 years, Mochachos has become a household brand name loved by the most discerning customers. Known for our dry spiced, flame grilled Mexican chicken, oversized chicken burgers and flavoursome Mexican meals which include an array of chicken or rump steak dishes such as Burritos, Enchiladas, Fajitas and Chimichangas. The selling price includes a cosmetic revamp.

Number Of Years In Business: 7 Years
Reason For Selling: Other Business Interests
Net Profit: ±R100,000 per month
Rent: R34,133 per month
Escalation: 8% per annum
Lease Details: 3½ years Plus Option to Renew
Seating: Inside - 12; Outside - 34
Store Size: Inside - 110m²; Outside - 40m²
Trading Hours: Monday to Thursday: 10h00 – 20h30; Friday to Sunday: 10h00 -21h30
Franchise Fees/Joining Fees: R199,000
Royalties: 6% per month
Advertising/Marketing: 2% per month

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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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