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Franchise Vehicle Service Centres Across Kzn For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R1,000,000 Furniture / Fixtures included
Sales Revenue:
R4,080,000
Cash Flow:
R584,000

Price reduced in KZN for next few months only - to increase coverage !
Grasp the opportunity to become a franchisee of a long established & top vehicle service centre franchise, which is now expanding within KZN and the Western Cape.
The Competition Commission has ruled that from 1 July 2021, Independent Service Providers will have access to the automotive aftermarket & will be permitted to service & repair vehicles which are still under warranty.
One of the top Vehicle Servicing Franchises with 70 workshops across SA, servicing all makes of vehicles, with the added bonus, that the Competition Commission's ruling is opening up the market in respect of vehicles under service contracts.
Selling price for a new franchise ranges from around R1 000 000 depending on the size and location of the business. Included therein are the diagnostic machinery, tooling, IT, furniture, & signage necessities.
By the 2nd year the projections are some R4m pa turnover & a Net Profit of some R584 000 pa (after extensive expenses, including a manager). This ties into existing Franchisee returns.

Property Information

Real Estate:

Lease

Location:

As a New Franchisee you may choose your location subject to existing Franchisee's or ask for the Franchisor's assistance to obtain a site

Premises Details:

Minimum space required is 280m2 up to maximum of 800m2 depending on the rent . Suitable venues offer sufficient off-road parking as well as prominent signage.

Business Operation

Reasons for selling:

Franchisor is expanding across KZN & Cape and is looking for new Franchisee's

Employees:
Staff normally consist of/ is included in the projected expenses: Manager, receptionist, 2 mechanics, cleaner and hired flyer guys
Years established:
Franchisor for 16 years

Other Information

Support & training:

Full training as well as ongoing backup and support is offered by Head Office, support on offer includes, but is not limited to Human Resources, IT, Operations, Marketing, Legal Advisory, Accounting, Tax and customer Relationship Management.

Relocatable:
This business can be relocated.

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