Ref. No - BFS935150

LocationSouth Africa, KwaZulu-Natal

Ref. No - BFS935150

Sector - Services

Asking Price
R1,200,000
Monthly Profit
R48,734
Asset Value
R 0
Stock Value
R 0
Yearly Net Profit
R 584,803

Summary

New Franchise Vehicle Service Centres with projected profits of over R 600,000 p.a.

Give me more information

Fully describe the business's activities?

New Service and repair workshop opportunities within a reputable network of 70 workshops
countrywide. They specialise in affordable service and repairs of all models of
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. It is their vision to
become the most recognised and respected brand in the car servicing industry

How does the business operate on a daily basis?

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

What Advertising/Marketing is carried out?

The Group employs both traditional and non-traditional advertising formats and
promotions are rolled out to franchisees on regular intervals. There are various
national marketing campaigns done at a Head Office level (Radio, outdoor, print,online, social platforms). Each franchisee pays 2.5% of T/O or a minimum of R5000 towards national marketing on a monthly basis and each franchise will alsobe responsible for local advertising within their own area via pamphlets etc.

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

Staff normally consists of:
1 x Manager
1 x Receptionist
1x Qualified Mechanic 1x Assistant Mechanic 1 x Cleaner
4-5 Flyer guys
These staff are within the expenses portrayed in the Report

How involved is the Owner in running the business?

Owners are encouraged to be hands on in the management of their branch.

What are the main assets of the business?

For R600 000 (excl VAT), you obtain a turnkey operation, inclusive of a 5-star
graded workshop, which is in line with RMI (Retail Motor Industry) standards.
Included therein are the diagnostic machinery, tooling, IT, Lifts, furniture,
branded gear, full management system & signage necessities.

Strengths?

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

Weaknesses?

No apparent weaknesses.

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 business while head offices take care of the rest in terms of e.g. front office staff training, national marketing campaigns,CRM management etc.
Right to repair came into into effect on the 1st July 2021 which enables
aftermarket workshops such as Franchisees to service and repair vehicles which are still under warrantee. This in turn will open the market extensively for new business.

Threats?

None perceived other than the franchisee not running his/her business
effectively and according to franchisor specifications.

What is the reason for the sale?

Franchisor focusing on growing their footprint in the KZN region.
Location

Contact | Enquire

Cliff

Cliff Bell

LocationSouth Africa

Preferred method of contact

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