Sectors / Category

Annual turnover

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  • Mandate: 34260
  • Added: 02 Nov 2020
  • AFS
  • 439

Popular vehicle service franchise

Gauteng, Johannesburg
439
Mandate 34260
Added 02 Nov 2020
R 1,400,000* ZAR
Stock: R 0
Assets: R 0
R 90,902 ZAR
Driekie Louw
Aldes Focus
Gauteng, Pretoria East
Gauteng, Pretoria East
Summary

Situated on a busy road in a Northern Joburg suburb Established 13 years Excellent support and training from franchisor

Popular vehicle service franchise
SELLING PRICE AFS
R 1,400,000* ZAR
Stock: R0
Assets: R0
R 90,902 ZAR
Summary

Situated on a busy road in a Northern Joburg suburb Established 13 years Excellent support and training from franchisor

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Fully describe the business's activities?
The business services all vehicles whose service plans have expired. It is located in a busy area in the Northern suburbs of Johannesburg. Currently operated by Head Office and looking for a hands on owner.

How long has the business been established?
Around 13 years.

How are the clients attracted to the business?
The franchise is very well known for its efficiency and good service; resulting in repeat customers and word of mouth

What Advertising/Marketing is carried out?
2.5% Advertising fee contributes to national marketing. The core of the business however relies on flyer distribution

Is the business VAT Registered?
Yes

What VAT documentation is on file?
There is more than one business running through the Pty thus VAT figures will not give a true reflection of the business.

Are there up-to-date Management Accounts available?
Turnover figures are available. Management Accounts from July 2020

Give a breakdown of staff/ functions/ length of service?
2 x Mechanics 1 x Secretary 1 x Cleaner

How involved is the Owner in running the business?
Operated by Head Office and looking for a hands on operator

When does the current lease end?
Currently year to year but the landlord is happy to extend

What are the main assets of the business?
Lifts, diagnostic machine, tools. Example of a new branch asset list can be provided

Are they presently insured?
Yes, comprehensive insurance is in place.

Strengths?
Excellent Franchise. Great location. Good database of clients with repeat business. Good systems in place. Well trained staff and support from franchisor.

Weaknesses?
No owner involvement

Opportunities?
Hands on management

Threats?
None

What is the reason for the sale?
The franchise is owned and operated by Head Office and they now wish to have a hands on operator.

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FRANCHISE DETAILS

Aldes Focus

6 members
63 active mandates
Gauteng , Pretoria East
Menlyn Corporate Park - 4th Floor, Suite H2 175 Corobay Avenue Waterkloof Glen Pretoria , Pretoria East , Gauteng
Pretoria East
0081

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