Exciting Opportunity: Established Franchised Carwash for Sale in Alberton City - Only R 1 Million
Discover a remarkable chance to own a thriving, well-established franchise that has been successfully operating for 6 years, specialising in waterless carwashes.
Conveniently located at the entrance of Alberton Mall, this carwash offers not only a prime location but also a sustainable business model.
Key Features:
• Prime Location: Situated at the entrance of Alberton Mall, ensuring high visibility and foot traffic.
• No Joining Fees: Start your journey without the burden of initial joining fees. Instead, a modest monthly royalty fee of R3,200, along with a software fee of R500, is applicable.
• Comprehensive Financial Review: As part of the due diligence process, prospective buyers will have the opportunity to examine the management accounts for the past 12 months directly from the system, upon submission of a valid offer.
• Accurate Valuation: The valuation of this opportunity has been meticulously calculated. Using the net profit from the actual 6-month management accounts and projecting it over a 12-month period, the value has been determined. Applying a well-recognised valuation methodology, which involves multiplying the last 12 months' EBIDTA by a price-earnings ratio of 3, yields the same valuation.
Financial Highlights:
• Net Profit for the Last 6 Months: R 181,745
• Net Profit Average Over 12 Months: R 363,490
• Valuation: R 363,490 x 3 = R 1,090,470
Incredible Offer: Seize this exceptional opportunity to become the owner of this established carwash for an all-inclusive price of only R 1 million.
If you're looking to enter a proven franchise model and capitalise on the carwash industry's potential, act now. Contact us to explore this incredible business prospect today.
