The buyer would operate in the following areas:
Central: Includes Pinelands, Gardens, City Bowl, Greenpoint, Sea Point,
Camps Bay, etc
Cape Town : No premises under lease. Buyer to establish new treatment centre in
a suitable location
The RISE equipment and software was imported from Europe in late 2013 at a
cost of approx. ZAR 200 000 for each franchise area.
There is no stock other than minimal numbers of the Smart Cards used for
each client having a treatment. These are valued at ZAR 450 each.
No staff is required if treatment centre is to be run by the new owner. If
part of an existing operation it may be necessary to employ a therapist.
NEW OWNER'S SKILLS and EXPERIENCE REQUIREMENT
skills are needed. However, a caring and supportive attitude is needed by
the therapist to assist and counsel smokers in the cessation period of the
MARKET and CUSTOMERS
IQS International is a franchise network with some 400 treatment centres
around the world in 40 countries. There are a number of competitors in the
field - hypnosis, patches, e-cigs, acupuncture, drugs, etc. However few, if any,
can claim the level of success enjoyed by IQS. Marketing requirements are fairly
minimal with word of mouth being the best promoter of the service.
Healthcare Scheme recently included IQS in their Rewards Programme.
Learn more about the franchise brand at : http://iqsintl.com/
OPPORTUNITY for GROWTH
A connection with any kind of health care facility or medical practitioner
would be valuable. Getting medical practitioners or health care
clinics/pharmacies to endorse and promote the programme.
Trading hours are normal office hours with the occasional Saturday
REASON FOR SALE
The current owner is selling the franchise because he has become involved in a
major overseas project that is, and will continue, to take all his time and
effort, and he does not have the time to develop the business potential of the
AVAILABILITY of AUDITED FINANCIALS
The franchise only commenced
operation in late 2013, and there are no year-end financials available.
However, there are basic management accounts which outline the income and
No due diligence has been done as yet. See comment above (re:
No finance is available from the seller.
PROOF of FUNDING REQUIREMENT
This is a cash sale. The high tech equipment will be handed over to the new
buyer and ownership and liability will pass to the new buyer on payment.
HANDOVER ARRANGEMENTS and TRAINING
There will be a pre-handover
training session and all operating guidelines as per the Master Franchise
will be handed over to the buyer.