Established Franchise Priced at Start Up Level

Western Cape

R 795 000

Financial Information

Net Asset Value R 250,000
Inventory Value R 0
Property Value R 0
(Annual) Operating Profit R 0
(Annual) Turnover R 917,000
Relocatable Home Based Seller Handover

Established business priced as a startup

If you are looking for an established business that makes very consistent profits, low start up costs, experienced staff, immediate profits, and low overheads, then this is it! This established, profitable floor sanding Franchise covers the Southern Peninsula and partial Southern Suburbs area, an excellent opportunity as it is priced at the same level of a start-up option of (R 650, 000.00) however, it shows a 18 months profitable history, negating risk to a large degree. Currently run by the Franchisor himself who in spite of his workload obligations, managed to service passive demand with steady growth over the past 20 months. The staff team of 3 is experienced and has been trained by the Franchisor himself. The Brand is establishing across South Africa and has already distinguished itself with excellent service, skill and knowledge. The owner wishes to maintain only one Franchise area whilst focussing on building and managing the nationwide Franchise network. Over and above the fact that the Franchise group has proven and established itself as an excellent business option, this particular Franchise is a rare opportunity. The business can be priced at R 995, 000.00 just on the basis of the income achieved over the past 12 months. Moreover, not only is the price of R 790, 000.00 more than R 190, 000.00 under and earnings based price, but it also includes new equipment worth R 250, 000.00 received with a new Franchise, plus an experienced team (with years of experience) who has been working the area for almost 2 years. Extremely low overheads and can be run from home. The business could be run from home and an owner can enjoy the benefit of working flexible hours. This Dustless Floor Sanding business is a member of a group that has become a very popular brand in South Africa. Its numbers have grown steadily with offices in Gauteng, the Garden Route, Cape Town Port Elizabeth as well as Durban. Equipment is imported and highly sophisticated. A full range of imported, water soluble, environmentally friendly sealers as well as traditional polyurethane sealers are supplied by the franchisor at a reduced cost. The owner provides full training and a user friendly website, including a photo gallery of every licensee. Better prices on all equipment and materials are negotiated by the licensor for the benefit of all licensees. Asking Price: R 795, 000 excluding VAT Assets: R 250,000.00 (Can be financed). Actual 12 Month Turnover: R 917, 000.00 Average GP : 62&% (Including Labour) ROI: 50% All information provided is subject to verification by interested buyers and financial information will only be disclosed to serious buyers. Ideal, but not limited to a hands-on entrepreneur with the vision to market and build service excellence. Easy to run and manage. For more information, kindly contact the listing Broker.

Established

2016

Ian Van Ravesteyn
professional

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