Join an Expanding Franchise - Profitable Branch for Sale!
Discover Your Opportunity:
Be a part of our thriving franchise family by acquiring one of our established and lucrative branches. This particular branch is strategically located within the prestigious Norkem Park at the Engen Garage, attracting a discerning clientele.
Impressive Monthly Footfall:
Experience the advantage of a steady stream of customers, with an average of 950 cars per month visiting this location.
No burdensome joining fees! Simply commit to a modest monthly royalty of only R3,200 and a nominal R500 fee for essential software.
All operational systems and software are meticulously set up, ensuring a seamless transition for the new owner.
Benefit from thorough training provided by the franchisor, empowering you to run the business successfully.
While we present management accounts covering a 6-month period, rest assured that upon receiving and accepting an offer, you'll gain access to comprehensive management accounts during the Due Diligence phase.
Utilizing the past 6 months' actual performance as a basis, we've projected the potential of a 12-month horizon. With hands-on management, this enterprise is poised for substantial growth. A conservative Price-to-Earnings (P.E.) ratio of 3.5 has been applied to reflect this potential.
Following the time-honoured business valuation practice, we've utilized the last 12 months' Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) and multiplied it by a P.E. ratio of 3. This ratio is adjusted based on various factors. Given the prime location and established 4-year history, we've opted for a P.E. ratio of 3.
The net profit over 12 months tallies up to R648,480, which, when multiplied by 3, results in a valuation of R1,946,518. However, this thriving opportunity is available for the all-inclusive price of R1.3 million.
Seize the Moment:
Don't miss out on this exceptional deal that encapsulates the potential for growth and prosperity. Contact us today to make this franchise branch yours, plete and all-inclusive.