Detailed financials available on request
This company is a high-end, second-hand clothing store specializing in international designer brands from Armani to Zara as well as other exclusive international labels retailing at a fraction of the cost of new garments. The business has become firmly established in Cape Town selling pre-loved, top quality designer garments which are stocked on a consignment basis. Franchises are now available right across the country. The designer clothes come from the general public, but also from companies wanting to liquidate redundant stock. Stock costs only apply to sold items and there is no advanced capital layout for stock. Doing business is tough in the current economic climate, but the company has managed to grow and increase its turnover annually. They believe that it is due to the fact, that the company is based on a real win-win business concept. * The suppliers win, as they get money back for the items they had previously purchased. * The customers win, as they get amazing, authentic designer wear at a fraction of the retail prices * Various Charities benefit, as they support them with monthly clothing donations * The environment wins, as the human footprint is reduced a little – Fashion pollutes like everything else Franchising is one the most progressive and successful business formats of our time, due to its powerful duplication principles. Franchising plays a leading role in fostering entrepreneurship and small business development and you will be able to fall back on the Franchisors experience and fortunately, you won’t have to find out the best way of doing business the hard way. The Company has already learned all the lessons in their business and is standing by to offer their advice and expertise. Franchising is also a very important and successful business system to grow the Company's second-hand retail stores. There are many chain stores attesting to this in Europe and the United States. However, they are the first company to make this exciting and rewarding business model available in South Africa. The Company's expertise, experience, good image, creativity and support, combined with the willingness, dedication and corporate ambition of the Franchisee is the right recipe for a successful franchise store. Please give this opportunity careful consideration to establish whether you are suitable for this type of franchises: Not everyone will be given the opportunity to join this excellent and interesting business. The Franchisor, will be responsible for growing a network of stores nationally and to adopt their business model to changing economic conditions and to facilitate growth. As Franchisee, you will be responsible to owner operate your own store and to follow the Company's business model. You will have all of their support to help you along the way, anytime and in any situation. The Franchisor is as committed to your business as you are and you can be assured that they will go the extra mile for and as well as with you. Franchise enquiries are invited from all Provinces and towns across South Africa. Initial investment to purchase franchise is only R68,000 however, you will need an additional +/- R140,000 to set up a store. Expected earnings will be between R22k and R40k per month depending on store size and area of operation. To take advantage of this exciting Franchise Opportunity, please email the listing broker for further details.