Fully describe the business's activities?
This franchised business offers full suite of service and repairs to motor vehicles. This family owned franchise group has a proven track record. You will secure a fully set up business, be trained and will only need to manage it going forward. This is store 19 opened by the franchisor!
How long has the business been established?
This is a new site being offered by the franchisor.
How long has the owner had the business?
The franchisor has been in the industry for over q0 years.
How does the business operate on a daily basis?
Business focuses on all vehicles that are out of motor plan. The best alternative to using a dealer at considerably less cost.
How are the clients attracted to the business?
Flyer distribution at major intersections, tv, radio & print media , social media etc. are all used.
What competition exists?
There are other competitors however the market is underserviced.
What are the seasonal trends?
End of year and before holidays are better
What percentage of the business is cash/credit?
Typically over 70% is cards
What is the total staff complement?
6 staff inc manager. These staff will be selected and trained by the franchisor.
When does the current lease end?
Franchisor has signed 5 year lease
Is there an option of renewal & what period?
What is the annual escalation %?
What are the trading hours?
M-F 7-5.30 Sat 7-1
What is the square meters of the business?
What are the main assets of the business?
Assets will be the newly set up business including workshop equipment, tools, office furniture, computers etc.
Well established franchise group, location selected by franchisor, trained staff, proven business methods, business is in a centre so will have lots of foot traffic
What is the reason for the sale?
Why is this a good business?
Great family run franchise, business model proven, great head office support
What is the price plus stock and the profit?
R1,540,000 profit forecast R55,000 pm
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