Exceptional Opportunity: Premium Franchise Duo in Sandton for Sale at R 6.75 Million (Excluding Stock).
Location: Sandton, South Africa
Unlock the potential of owning not just one, but two in-demand franchise stores by acquiring Kwikspar and Tops for only R 6.75 million.
Situated in the affluent northern suburbs, these businesses present a remarkable chance to become part of South Africa's esteemed franchise community.
With a combined 32 years of established success, these dual businesses have thrived under the current owner's guidance. Now, as the owner seeks to explore new horizons, you have the chance to take the reins of these thriving enterprises.
It's a rarity to find such coveted franchise opportunities available for acquisition, as the current owners have recognized their value and retained them for their stability and profitability.
The transaction will be subject to approvals from both the landlord and the franchisor, ensuring a smooth transition of ownership.
The valuation of these businesses adheres to the industry-standard approach. Using the last 12 months of EBIDTA as a foundation, this value is then multiplied by a price-earnings ratio of 3. This figure is further adjusted to account for specific business dynamics.
Kwikspar Valuation:
Net Profit (Feb 2023): R 915,154 X 3
Resulting Value: R 2,745,462
TOPS Valuation:
Net Profit (Feb 2023): R 1,938,319 X 3
Resulting Value: R 5,814,957
Total Combined Valuation: R 8,560,419
The opportunity to secure both businesses together is offered at a highly competitive price of R 6,750,000, exclusively excluding stock, rental deposit, and joining fees.
Seize this moment to step into a lucrative venture, backed by proven success and the allure of the sought-after Sandton locale.
Contact us now to expedite this outstanding offer.
Note: This advertisement is written with the intent of promoting the sale of the mentioned businesses and their potential value.
