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Cartime Franchise In Cape Town For Sale

Cape Town North - Durbanville, Western Cape, South Africa
Asking Price:
R1,250,000
Sales Revenue:
R3,000,000
Cash Flow:
R450,000

CARtime is a leading group of independent motor vehicle service centres. We have been operating for over 25 years with a proven track record. We offer our franchisees unparalled support with the most cost effective monthly fees in the industry.

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:

A new lease has been negotiated with the landlord.

Leasehold Rent:

450 000 per annum

Location:

Prime position in Durbanville central with loads of visibility and safe off street parking.

Premises Details:

The premises are approximately 300sqm

Business Operation

Competition / Market:

We have numerous competitors in our field in our area. Our vibrant colours, tidy receptions and 25 years of experience separates us from the rest.

Reasons for selling:

The franchisor set this branch up for its regional office and is now ready to sell the franchise as a going concern.

Trading hours:

Monday to Friday 7.30 till 17.30
Saturdays 8.00 till 13.00

Employees:
5
Years established:
1.5

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

Fixed MSF and ADV
Full disclosure after NDA has been signed.

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.

The training center is situated in Midrand, South Africa.

• 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

Financing available:

No finance available.

Furniture / Fixtures value:
R700,000
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