Verified Listing
Posted on December 14, 2020 / 570
Price : R500,000
Listing Type : Sports
Ref. No : 2682
Year Established : 2017
Trading Hours : 8am - 4:30pm
Turnover : R 1 142 716
Net Profit : R 484 451 pm
Stock Value : R 500 000

An exciting opportunity to join a Golf Equipment and Accessories business through their license model. The business is expanding throughout SA and is offering licenses in all regions. The business has a number of innovative products that are perfectly geometrically matched to the clients stance, swing and abilities with smart diagnostics. Customers can purchase products outright or alternatively rent over a 24-month period at the same cost, with healthy margins for the licensee.

Licensees are trained and supported to coordinate all sales and marketing operations in territory, to transmit product specifications to the licensor for assembly and to provide added value to golf clubs in their territory to help draw in new members.

All licensees also receive a complete demo case which can produce over 1000 product variations as well as golf club stock at wholesale prices to the value of the license fee paid.

A license costs from R500 000 to R2 500 000 depending on the size of the allocated region. There is 5% annual Royalty on licensee sales for training, stock management and product assembly and freight costs provided by Licensor. There are no hidden fees. The licensee will recover their initial outlay on the first clearance of their stock at license value.

Mfundo Nhlabati – Broker Head Office