PROFILE |
Description: |
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This business (est. over 25 years) now operates nationally, has 60 areas covered in SA (35 franchisees) and is expanding internationally. The franchisor, who operates from a farm, needs assistance in the business. The deal comprises a share in the farm and the business which yields commission flows plus a guaranteed monthly income. |
Industry / Sector: |
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Business Services |
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LOCATION |
State / Province: |
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Western Cape RSA |
City / Town: |
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Nationally |
Location / Area: |
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Portability: |
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Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
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PRICE |
Asking Price: |
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R 3 000 000
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Conditions: |
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Cash |
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FINANCIAL & OPERATING INFORMATION |
Turnover: |
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- not disclosed -
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Profit: |
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- not disclosed -
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No. of Staff: |
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0 |
Year Established: |
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1997 |
Legal Persona: |
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- unknown or withheld - |
Other Information: |
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INCOME STRUCTURE
The franchisor offers-
• 20% share in the farm which is valued at R13 million
• 20% share in the franchise business.
The commission structure is as follows-
• 40% main holding company
• 10% main holding for operational expenses
• 50% to directors
Plus, the investor gets-
• 20% commission on all retained franchise sale proceeds
• guaranteed monthly net income of R45,000
• commission on future sales
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