Lucrative Opportunity: Established Franchised Carwash for Sale on Corlett Drive, Bramley - Only R 1.3 Million
Join the ranks of a rapidly expanding franchise by acquiring one of their flourishing existing branches. This strategically positioned site resides in a high-foot-traffic mall on the main road in Bramley, guaranteeing consistent customer flow.
• Prime Location: Situated in a bustling mall on the main road in Bramley, this site enjoys exceptional visibility and accessibility, translating to a steady stream of potential customers.
• Impressive Footfall: Averaging a remarkable 1000 cars per month, this carwash benefits from a consistent demand for its services.
• Hassle-Free Entry: Say goodbye to joining fees. Instead, a nominal monthly royalty of R 3,200 and a software fee of R 500 are the only costs.
• Solid Infrastructure: All essential operating systems and software are already in place, ensuring a smooth transition for the new owner.
• Comprehensive Training: The franchisor offers comprehensive training, equipping you with the tools and knowledge needed for success.
• Lease Advantages: The franchisor has skilfully negotiated a new, reduced lease with immediate effect. This lease adjustment, resulting in a monthly rental of R 17,000 plus VAT, adds a substantial R 20,000 to the monthly profit.
• Valuation Methodology: Following a well-established valuation methodology, we consider the last 12 months EBIDTA and apply a price-earnings ratio of 3.5, which can be adjusted based on relevant factors. In addition, due to the exceptional location and 14 years of establishment, an extra R 120,000 is incorporated for rental savings (pro rata for 6 months).
Net Profit for Last 12 Months + Rental Savings: R 448,824
Valuation: R 448,824 x 3.5 = R 1,570,884
Seize this remarkable opportunity to acquire a thriving carwash business for an all-inclusive price of only R 1.3 million.
If you're ready to step into a proven franchise model and capitalize on a high-demand location, act swiftly. Contact us today to delve into this extraordinary business proposition.