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Cartime Franchise In Bellville For Sale

Bellville, Western Cape, South Africa
Asking Price:
R1,750,000
Sales Revenue:
R3,840,603
Cash Flow:
R400,000

CARtime is a well established franchised brand with a proven track record of 24 years.
We offer unparalleled support to our franchisees as well as an extensive training program.

This site has been established by the franchisor into a profitable business and is now for sale to a select candidate.

CARtime is accredited by the following organisations:
FASA (Franchise Association of South Africa),
MIWA (Motor Industry Workers Association),
RMI (Retail Motor Industry),
Right2Repair and
MIO (Motor Industry Ombudsman).

CARtime service centres are fresh, vibrant, well-equipped workshops, with complete state-of-the art motor vehicle diagnostic equipment for all manufactured types of motor vehicle, including the latest industry available data at your disposal.

CARtime service centres are manned with competent, friendly, and dedicated managers, technicians, and staff. The reception areas have been designed to give the customer a feeling of comfort and professionalism, security, and peace of mind to meet their expectations of high quality service to their vehicle.

Property Information

Real Estate:

Lease

Lease Terms:

4 year lease with an option to renew

Leasehold Rent:

R534,240 per annum

Location:

Prime location on Durban Road. The site is located across the road from Tiger Wheel and Tyre Bellville with McDonalds at the same intersection with massive visibility and passing traffic. We spared no expense in signage in order to maximised visibility and feet through the door.CARtime Bellville is now a premium site in the Bellville area and highly visible as anyone who comes off the N1 highway into Bellville, drives straight past the shop.

Premises Details:

The premises are approximately 350sqm. The site allows consumers direct access from Durban Rd into a private self-contained parking and yard which is unprecedented as parking is a huge issue within the area.

Business Operation

Competition / Market:

We have numerous competitors in our field in our area. Our vibrant colours, tidy receptions and 24 years of experience separates us from the rest.

Reasons for selling:

CARtime Bellville opened its doors to the public in February 2022. The modus operandi behind developing such a highly visible store was to, firstly, grow the brand in the Western Cape and then to ultimately sell the store once trading effectively.

Trading hours:

Monday to Friday 7.30 till 17.30
Saturdays 8.00 till 13.00

Employees:
6
Years established:
24

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Fixed MSF and fixed ADV
Full disclosure will be given on signing a NDA.

Other Information

Support & training:

The new Franchisee and staff undergo an intensive training programme, which encompasses practical on-the-job training.
The course content is designed to prepare the participants fully for the successful operation of their new business.
The course covers:
• Method of business operation and system implementation.
• Customer care and relations.
• Key financial controls.
• Opening day assistance from Franchisor.
• How to market my business.
• Software training.


• Courses run for a period of three weeks and are a combination of both practical and lectures.
• It is the obligation of the Franchisee to ensure that all staff are fully trained prior to working in any store.
• On completion of the training course, the Franchisee is handed a fully comprehensive operator’s manual for reference purposes.
• CARtime holds regular refresher courses, updates and training for new Franchise Staff

Furniture / Fixtures value:
R450,000