Ref. No - BFS935411

LocationSouth Africa, Western Cape

Ref. No - BFS935411

Sector - New Franchise Opportunities

Asking Price
R2,000,000
Monthly Profit
R 65,891
Asset Value
R 750,000
Stock Value
R 0
Yearly Net Profit
R 395,347

Summary

The franchise specialises in affordable service and repairs to all makes ofr cars and bakkies and are fast becoming one of South Africa's leading car servicing groups. They offer best quality service through conveniently placed workshops throughout South Africa, at affordable prices. The franchise offers excellent training and ongoing support to new franchisees.

Give me more information

How long has the business been established?

Since September 2022

How long has the owner had the business?

The franchisor established the site and opened it in September 2022.

What is the Franchise opportunity about?

Car Service City is one of South Africa's top franchise brands, offering franchisees invaluable practical support from head office, and extensive training to ensure each workshop lives up to the Car Service City reputation as well as on-going training on new products and systems in an evolving car servicing industry.
The site has been fully developed by the franchisor into a profitable workshop and is now offering it for sale to a buyer who will develop it further to reach its full potential..

How many existing franchisees are there in the group and for how long have they been operating?

There are 5 existing franchises in Cape Town in - Wynberg, Claremont Seapoint and 2 in the Bellville area. .

In which provinces/ areas are the existing franchisees located in?

Current franchises are located in all provinces including Botsana. The Franchisor is looking to aggressively further expand in the KZN and Western Cape regions.

What is the success of the current franchisees?

Very good

How does the business operate on a daily basis?

They specialise in reputable, affordable servicing and repairs to all makes and models of vehicles and bakkies, using quality parts and highly trained mechanics.

Give a breakdown of staff/ functions/ length of service?

1 x Manager
1 x Receptionist
1 x Qualified Mechanic
1 x Assistant mechanic
1 x Cleaner
4-5 x Flyer Guys

How involved is the Owner in running the business?

The Franchisors are encouraged to be hands on in the management of the ir branch.

When does the current lease end?

A Lease agreements has been entered into which will be available for viewing during the due diligence process.

What are the main assets of the business?

The selling price includes a full turnkey operation inclusive of a 5-star graded workshop, which is line with the Retail Motor Industriis ( RMI) standards.Included therein are the diagnostic machinary, tooling IT, lifts, furniture, branded gear, a full management system and signage necessities (plus more)

Strengths?

CSC is a leader in the car service industry. They offer competitive prices and excellent service to all their clients.They are a recognised and trustedb brans, Their enthusiastic head office specialists provide the support, guidance and advice that franchisees require to run a successful business without stifling their entrepreneurial spirit.. Ongong support and training are provided.. Power of group purchasing deals. Business analysis reports are provided annually.

Weaknesses?

Non seen

Opportunities?

To build a loyal and growing clientele within your franchise area to become their preferred service centre.
Grow your portfolio into many branches.
The Franchisee can focus solely on their businesses while head office takes care of the rest in terms of e.g front office staff training, national marketing campaigns, CRM management etc.
Right to repair has come into effect which enables aftermarket workshops such as CSC to service and repair vehicles which are stillunder warrantee..

Threats?

None perceived.

What is the reason for the sale?

The Franchisor built the site and developed it into a fully operational, viable, profit-making business. They accomplished what they set out to do and are now looking for a franchisee to take over the site and turn it into a highly successful entity.
Location

Contact | Enquire

Geoff

Geoff Hatt

LocationSouth Africa, Western Cape

Preferred method of contact

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