Verified Listing
Posted on October 20, 2020 / 250
Price : R420,000
Listing Type : Retail Franchise
Location : Grahamstown
Ref. No : 2657
Year Established : 2010
No. of Employees : 3
Trading Hours : Retail
Turnover : R254 681 pm
Cost of Sales : R 126 984 pm
Expenses : R 88 954 pm
Net Profit : R 50 000+ pm
Asset Value : R 198 784

An opportunity to join a well-established and successful gold recycling business that is expanding across South Africa. The license model is designed to offer the licensee the freedom of being a business owner along with the comfort of having proven systems and methods, while leveraging the reputation of a mature brand. This business is based on offering a safe, convenient and reliable solution to customers in need of selling unwanted gold jewellery and related items.

The business has a limited number of licenses available in lucrative areas around the country including: Cape Town, Port Elizabeth, East London, Nelspruit, Bloemfontein and Rustenburg. Potential licensees will need basic business knowledge, people skills, start-up capital and a driven enthusiasm to succeed.

The selling price for each license including the store setup cost is R420 000 with a projected average monthly turnover of R255 000 and an average monthly net profit of R 50 000+ pm

Christopher Goldschagg – Broker Grahamstown