Own This Young Franchisor Group

Free State

R 395 000

Financial Information

Net Asset Value R 15,000
Inventory Value R 5,000
Property Value R 1,500,000
(Annual) Operating Profit R 50,000
(Annual) Turnover R 500
Seller Handover

Opportunity to invest in a great business

You are buying the rights, the intellectual property, the operations manuals and management guidelines to become the new Franchisor for a chain of Kiddies' Hair salon franchises. The product is hair styling services and entertainment for the younger generation. Whilst relatively new in RSA, the concept is big business overseas, and is showing exponential growth. The new owner would do well with some hair salon & entertainment industry experience, but would certainly need to be able to support the 5 existing franchisee stores, as well as attract new franchisee stores around the country in order to grow. A new store will be opening soon in Gauteng. There are no staff, no assets and there is no lease; the new owner takes the IP and positions it into their own existing enterprise, or this could well be a new venture for an entrepreneur. The very reasonable asking price excludes VAT. Too good to be true? It's both! True and Very Good!

Operating Hours

8 to 5

Employee count

5

Established

2012