Franchised Spares, Accessories & Camping World
About this business for saleFranchised Spares, Accessories & Camping World
This profitable and well established franchised business is one of 265 outlets nationally. The brand has an excellent reputation for its wide range of spares, accessories, tools, hardware, fishing and camping equipment.
A business of similar size (+/- 300m2) will cost approximately R3m to set up.
This fully equipped, spacious business is very popular with the local farming community as well as surrounding towns and visitors. The Seller first opened doors in 2009 and the only reason he’s selling is because he’s nearing 60 and wishes to retire.
The outlet is situated in a very busy town in the Northern Cape. An opportunity exists to establish a workshop on the premises where 591m2 is available as an extension for auto-servicing and with the advantage of already trading in spares.
A concerted marketing drive in and around the area promoting the business and its wide offering would add significantly to its performance and profitability.
The Franchisor provides good support and guidance ensuring the required levels of excellence are maintained throughout the group. The business has performed consistently well with strong cash flows and a sustainable income. All financial information can be verified and made available to serious Buyers.
The calculated NPBITD for the 2015 and 2016 financial years, was R580 546 and
R513 203, respectively.
The total listed selling price is R1 420 000 and includes assets of R67 000, but excludes the current trading stock at cost of about R1 657 000. The selling price excludes VAT.
This represents a ROI of 19.5%.
The total land of 980□2 and well constructed building of 300□2, is also on offer by the Seller at R1 400 000.
If you wish to belong to a dynamic franchise group, then this business offering is certainly worth considering. Its location in a crime-free, urban Northern Cape town adds to its attractiveness.
For further information, kindly contact the listing broker.