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Innovatus Private College Eshowe Franchise For Sale

Eshowe, KwaZulu - Natal
Asking Price:
R1,800,000 Furniture / Fixtures included
Sales Revenue:
R1,800,000
Cash Flow:
R1,300,000

Innovatus Private College Eshowe Campus has been in operation since 2009 with a solid track record is now being sold off as a franchised college. The College meets all accreditation and registration requirements and has various courses on offer in the fields of information technology; accounting; business management; public relations, marketing; early childhood development, human resources, public management and a host of other programmes.

This business opportunity would suit professional / business minded individuals who are located in the KZN North Coast area and is willing to run and manage the business. Therefore, we are looking for an owner operator who will be hands on in the business. This is a well established and entrenched business in the Eshowe CBD that will expand its operations to even greater heights with the hands on entrepreneur. This business is company owned and the owner is looking to franchise this site.

Further information is available on request, please contact seller below for more details.

Property information

Real Estate:

Lease

Lease Terms:

5 year lease

Leasehold Rent:

R16,800 per annum

Living Accommodation:

Accomodation is available in the local town

Location:

2-4 Osborne Street, Jetmart Centre, Eshowe CBD

Premises Details:

Approximately 300 square metres consisting of classrooms / computer lab / reception / examinations filing room

Size in square feet:
300
Planning Consent:

Not applicable

Business Operation

Expansion Potential:

This college can be expanded in its current location or also extended to other neighbouring areas depending on actual growth

Competition / Market:

Public TVET College is a competitor but they are limited in the numbers that they can take. There are no other registered and accredited colleges in the Eshowe CBD. Therefore, except for the public college which is government funded, there are no other competitors making this college an attractive option due to limited competition. This area is servicing 133 secondary schools so we are confident that a locally based franchisee will do very well within the next 12-24 months - it can only grow

Reasons for selling:

Converting a company owned campus to a franchised campus in line with our group restructure. The Company is sold with an experienced campus administrator who has been with the Eshowe Campus since inception.

Trading hours:

Mondays to Fridays 08h00 - 16h30 If evening classes = 17h00 - 20h00
Saturdays 08h00 - 13h00

Employees:
5-8
Years established:
2009

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

10% plus VAT of gross income collected for the month = monthly royalty

Other Information

Support & training:

1 year full support and mentorship provided by CEO

Financing available:

Full cash price preferred. However, we can tailor-make a payment plan for mutual benefit

Furniture / Fixtures value:
R500,000 - included in the asking price
Website:
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Related Documents:
Relocatable:
This business can be relocated.

Contact Seller

Contact Information

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