Thriving Carwash Franchise for Sale in Norkem Park
Join our expanding franchise network and step into ownership by acquiring one of our thriving existing branches. This prime location nestled in the upscale Norkem Park at Engen Garage presents an exceptional opportunity to enter the lucrative carwash industry.
Key Features:
Established carwash franchise in Norkem Park
Prime location at Engen Garage with high visibility
Average of 888 cars per month, ensuring steady traffic
There are no joining fees, only minimal monthly royalty and software fee
Comprehensive training provided by franchisor
Full management accounts are available during due diligence process
Valuation based on last 12 months' EBIDTA multiplied by a price-earning ratio of 3.5
Net profit for the last 12 months: R267,420.95
Valuation: R935,973.33
Offered at R950,000, all-inclusive
Description:
This thriving carwash franchise offers a turnkey opportunity for entrepreneurs looking to capitalize on a well-established business model. Located at Engen Garage in Norkem Park, the franchise benefits from high visibility and a constant flow of customers, with an average of 888 cars serviced per month.
With no joining fees, minimal monthly royalty, and minimal software costs, acquiring this franchise is a cost-effective investment. Plus, comprehensive training provided by the franchisor ensures a smooth transition into ownership.
The valuation of the business, based on the last 12 months' performance and employing a price-earning ratio of 3.5, reflects the premium location and established track record. Priced competitively at R950,000, inclusive of all aspects, this opportunity is not to be missed.
Seize the chance to own a lucrative carwash franchise in Norkem Park and take the first step towards entrepreneurial success.
Contact us today to learn more and arrange a viewing. Don't miss out on this golden opportunity!
