Verified Listing
Posted on February 17, 2020 / 593
Price : R3,000,000
Listing Type : Laundry
Location : Western Cape
Ref. No : 2618
Year Established : 2004
Trading Hours : Retail Hours
Turnover : R 75 000
Cost of Sales : R 2 541
Expenses : R 38 084
Net Profit : R 30 000 pm
Asset Value : R 966 000

Here is an excellent opportunity to join a well-established franchise brand in the laundry and dry cleaning industry and to secure exclusive rights for the Western Cape province. You will have the opportunity to own and operate a flagship store in the region and through a close working relationship with the franchisor you will be able to develop and roll out multiple company owned stores in the region.

Your income will be derived from your own stores sales but also from the sale of new franchises in the Western Cape. For a total cost of R3 000 000 excluding vat you will receive a turnkey franchise outlet and the exclusive rights for the region. The value of the flagship store is R966 000 and the territory fee is just over R2 000 000. A typical store offers a high gross profit potential, quick return on investment, small capital outlay on investment and low overheads.

The stores have an average increasing monthly turnover of R52 000 and an average monthly net profit of R11 000. The business makes use the best technology in every store, delivering the highest quality service at the most affordable price, to as many customers as possible. Head office invests extensively in the training and development of store owners and staff to ensure customer service excellence.

Head office will assist you at locating the most suitable retail locations for the region. All stores come fully equipped and set up for the franchisee, with strong branding and corporate identity. All franchisees and staff receive comprehensive training and ongoing support. Head office conducts continuous research and market development and offers centralised purchasing that ensures substantial reduced expenses and financial incentives to open more franchises. Head office aims to ensure that they are always steps ahead of the competition.

Mfundo Nhlabati – Head Office