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The business (Franchisor) is a service and swimming pool company that has been operating in the greater Durban area for 22 years. Their wide range of services includes building new pools, maintenance, servicing and cleaning, and equipment sales. The company is registered with the National Pool and Spa Institute, giving clients peace of mind that the work done adheres to the strictest guidelines for workmanship and construction.
Having built a well established and recognized brand over the last 20 odd years the business now wishes to expand by offering Franchises, in select and exclusive areas, to potential Franchisees for Maintenance, Service and small Repair work. The opportunity would ideally suit someone in the Garden Services or allied industry that has an existing client base who are pool owners.
At a due diligence stage all Financial information relating to the Franchisor will be made available to prospective and qualified Franchisees. The figures shown in this report are based on projections for an 18 month period and annualised over 12 months. The projections are based on actual figures for existing services offered by the Franchisor. These projections can be detailed and validated at a due diligence stage with qualified purchasers. It is projected that after 18 months a Turnover of R 76,000 pm will be achieved with a Net Profit of R 35,000 pm.
The R 165,000 franchise fee includes training, supplying of tools, and the necessary chemicals one needs to start trading. A new Franchisee will receive:
Theoretical & practical on site training
Training & Technical Manuals
Technical online support
Web-page design & setup
If extra staff members wish to be trained, then a small fee to cover costs is payable.
A new Franchisee will require a suitable vehicle, such as a Bakkie.
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