Join this expanding franchise network by acquiring one of their thriving existing branches. This prime location is conveniently situated at Hendrik Potgieter Rd., Weltevredenpark, Roodepoort, boasting an average of 895 cars per month.
With no joining fees, you'll only need to cover a minimal monthly royalty of R3,200 along with R500 for software. Rest assured, all operational systems and software are already in place. Additionally, our franchisor provides comprehensive training to ensure your success.
Full management accounts will be shared with serious buyers during the due diligence process once an offer is received and accepted.
Valuing the business follows a standard method: using the last 12 months’ EBIDTA and multiplying it by a price-earnings ratio of 3.
The net profit for the last 12 months amounts to R479,831.42. When multiplied by 3, the valuation stands at R1,439,494.36. Furthermore, included in this offer are additional benefits such as a borehole with no water charge, a brand-new generator, and a touchless automatic machine estimated at a value of over R800,000. We're presenting this lucrative opportunity at R2.2 million, all-inclusive.
Don't let this opportunity slip away.
Selling Price: R 2.2 million
