Sold as a going concern. A 20 year old Franchise specialising in New Motor Spares. All systems in place. Running at present.Experienced staff all employed for more than 5 years.In a busy shopping Mall with all banks and 2 major supermarket chains.
- Asking Price:
- R7,000,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- R15M - R100M
- Cash Flow:
- Under R100K
Property Information
- Real Estate:
-
Lease
- Lease Terms:
-
Lease for 5 years began in October 2022
- Leasehold Rent:
-
958 260 per annum
- Location:
-
On the same road as Gold Reef City Casino. In a large shopping Mall. Taxi Rank on Mall premises. Main Route to M1/ M2 and to the City Centre
- Premises Details:
-
Rented 850m2. Situated opposite KFC and next to a petrol station.. Plenty of parking. Space in front of shop for promotions etc.Inside there are offices, a shop selling area and a warehouse. Rear entry for receiving and dispatch
- Size in square feet:
- 850m^2
- Planning Consent:
-
Any planning would have to be done with the Mall owner
Business Operation
- Expansion Potential:
-
There are other shops in the mall that may be rented for expansion
- Competition / Market:
-
Closest motor Spares franchise competition is at Southgate
- Reasons for selling:
-
We have two branches and would like to focus on only one branch.
- Trading hours:
-
Monday to Friday 8:00 - 17:00
Saturday 8:00 - 13:30
- Employees:
- 10
- Years established:
- 20
Franchise Information
- Franchise opportunity:
-
Franchise Resale
- Franchise terms:
-
Month to month only. set amount of franchise fees, advertising fees and software licence fees per month.
Other Information
- Support & training:
-
Support and Training can come from Head Office as well as existing owners.
- Furniture / Fixtures value:
- R1,500,000 - included in the asking price
- Inventory / Stock value:
- R2,000,000 - included in the asking price
- Relocatable:
- This business can be relocated.
