Overview of the business.
This opportunity be it 50 or 100% equity buy out has huge expansive potential as the brand itself is gaining massive momentum in the new and used vehicle forum due to its competitive pricing for similar features to that of its competitors . The phenomenally ever developing industrial and commercial geographical area in which the brand is operational lends itself favorable for the new and used sales of such vehicles. The seller only managing and marketing the brand in this area since 2016 has developed a good reputable name and repetitive business, along with the servicing support and sales of new and used trucks and mini busses. The brand/ franchisor is supportive and eager to help the franchisee perform. There is no joining fee and there are no royalties paid to the franchisor. The franchisor makes its money from the units the franchisee sells. The franchisee must just sign surety for 1 million and this is to cover the consignment stock that the franchisor provides the franchisees with. The franchisee does not have to purchase the vehicles from the franchisor before they sell them. The platform the seller has established offers itself as an easy user friendly model to any entrepreneur wishing to enter the vehicle sales industry. The seller has created this opportunity through his knowledge of the industry and the competitorâs operational within the industry and the brand has been well received amongst market users of such vehicles .The mini busses have special financing attached to them which is offered to the clients. This will be explained to any financially qualified prospective purchaser once he has expressed and deeper level of interest in the opportunity. The dealership must carry their own insurance for vehicles provided on consignment from the franchisor. The owner is wishing to sell as he is downscaling towards retirement. He will train the purchaser in all aspects of the business this is a recommended fantastic opportunity. The asking price for a 50% buy in is R 1,200, 000 (one million two hundred thousand rand) and for 100% equity buy in R 2, 100, 000 (two million one hundred thousand rand)