This product and service store are situated in the heart of the hustle and bustle of Govan Mbeki Avenue in PE. As a franchise business, they have developed a highly successful formula which enables its franchisees to reap the benefits of a very lucrative market. This store offers Expert Shoe and leather repairs, key cutting and other related services. It provides quality products and services at reasonable prices. The store has been operating for over 15 years.
With an asking price of R495,000 including stock (Excl Vat) this Franchise business offers a great return on investment. With a net profit of over R280,000 per year, this business is worth a serious look.
For further detail on this magic established franchise business, please call the listing agent.
Don’t miss out!
|Staff:||1 Staff Member.|
|Asset Value:||On Request|
|Lease Terms:||8% escalation per year.|
|End of Current Lease:||November 2020|
|Years Established:||10 years.|
|Stock/Inventory Value:||On Request|
|Trading Hours:||Mon - Fri: 07h30 to 17h00 Sat: 08h00 - 13h00|