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Global Education Universe Franchise Opportunity For Sale

Midrand, Gauteng, South Africa
Asking Price:
R1,438,000 Furniture / Fixtures included
Sales Revenue:
R1.5M - R3M
Cash Flow:
R500K - R1.5M

Yes, you have read right. Buy a franchise for R 1,435 m and get a signed guarantee from the franchisor who will allocate a minimum amount of R 1,500 m in sales to your franchise campus in 2021. Starting a new business or franchise has always been a primary concern regarding new business owners. Once we purchase a franchise, what if we don't make our sales volume upon startup to operate and achieve financial viability. What if we close down within months of opening? GUESS WHAT - The Global Education Universe (GEU) Franchise model solves this problem for new and incoming franchisees - guaranteed sales and guaranteed income ON STARTUP - OR YOUR MONEY BACK - this clause is signed into our legal agreement. This is the ONLY such franchise offering in the country with a franchisor guarantee and probably in a global context.

When you operate a college, the owner's major concerns are first getting adequate student enrollment and secondly collecting fees from students monthly. COVID-19 has made monthly fee collection an even greater risk due to the ever-increasing unemployment rate. The GEU Franchise Opportunity is unique and therefore limited to 10 new franchises for 2021 with key nodal areas identified as Richards Bay, Durban, Pietermaritzburg, Johannesburg, Pretoria, Bloemfontein, Port Elizabeth, East London, Cape Town and Polokwane. Franchisees requiring locations not identified in our listing may apply separately to the franchise for individual consideration. Each college comes fully installed, accredited (licensed), registered and ready for business within 40-60 days of signature and payment. Sales from the franchisor are awarded within 60 days of signature. Monthly royalties on sales are 10% including VAT. A comparison of the education franchise offering in South Africa confirms competitor franchise prices ranging between R 1,5 m and R 3 m - BUT WITH NO SUCH FRANCHISOR GUARANTEE as offered by the GEU Franchise Opportunity. We believe all 10 franchises will be sold within the next 6 months due to the Franchisor Guarantee to incoming franchisees which is our key strategic advantage and unique selling proposition with underlying magic that is very difficult to copy, if not impossible.

For more information, please contact us by using the form below.

Property Information

Real Estate:

Lease

Lease Terms:

5 years renewable - accreditation and registration is granted for a period of 5 years

Leasehold Rent:

R120,000 per annum

Living Accommodation:

Not Applicable

Location:

Johannesburg, Pretoria, Midrand, Durban, Pietermaritzburg, Richards Bay, Polokwane, East London, Port Elizabeth, Cape Town, Bloemfontein

Premises Details:

Should be located on close bus/taxi / train routes allowing easy access for students to travel. At start, premises ranging from 250-350 square meters is required.

Size in square feet:
250 sqm - 350 sqm
Planning Consent:

Not applicable

Business Operation

Expansion Potential:

Premises can be expanded within 1-2 years after startup and viability has been achieved.

Competition / Market:

COVID-19 has resulted in many closures of private colleges. There has been an increase in online and E-Learning Colleges, but many new startups have serious viability concerns. The GEU models sets itself apart in that new franchisees are guaranteed business from the franchisor.

Reasons for selling:

10 new franchises available for immediate installation - we have guaranteed student funding available and now need to install campuses to service these learners

Trading hours:

Mon - Fri (08h00 - 16h30)
Sat - (08h00 - 13h00)

Employees:
8
Years established:
2020 - GEU is a newly established brand to exploit opportunities provided by COVID-19

Other Information

Support & training:

Training is compulsory and provided for a period of 2 weeks at the company's head office in Midrand. Ongoing support is provided accompanied by monthly site visits from the franchisor

Financing available:

Franchisees are required to provide their own finance for purchase of a franchise

Furniture / Fixtures value:
R850,000 - included in the asking price
Inventory / Stock value:
R50,000
Website:
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Related Documents:
Relocatable:
This business can be relocated.

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