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Established Cash Converters In Johannesburg For Sale

Johannesburg, Gauteng, South Africa
Asking Price:
R3,500,000 Furniture / Fixtures included
Sales Revenue:
R3M - R8M
Cash Flow:
R500K - R1.5M

Are you looking to own your very own cash converters Franchise we have one just for you.

The franchise store has been established for 7 years and the franchise has been in existence since 1994.

This store is situated in a bustling prime area and has a lot of footprints.

With a great annual turnover of R 5 300 000.00

Monthly Expenses of R 180 000.00

Monthly Nett profit + SDCF of +/- R 90 000.00

Equipment Value +/- R 1 500 000.00

Stock Value +/- R 500 000

This company is for sale: lock stock and barrel.

Therefore, the price is set at R3,500,000.00. Slightly NEG (Reduced Price)

Property Information

Real Estate:

Lease

Lease Terms:

2 years left option to renew for 5 years

Leasehold Rent:

R46,935 per annum

Location:

Johannesburg prime Bustling are

Premises Details:

Located in a office block. The building has a generator

Business Operation

Reasons for selling:

Owner has other businesses that he is running so he would like to down scale.

Trading hours:

Monday - Friday 9am -5pm
Saturday 9am-2pm
Sunday Closed (Optional)
Public Holidays 9am -2pm

Employees:
9
Years established:
7

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

7,5% Monthly royalties

Other Information

Furniture / Fixtures value:
R1,500,000 - included in the asking price