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 ref # 162


R 2 390 000 (141 420 EUR*)

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R683,157 per year.
R2,224,537 per year.

Established Franchised Building Maintenance Business

The original company, operated by the franchisor is in Cape Town and has been in business for over 12 years.

At this stage, there are three franchised businesses. This franchise, based in Ballito has been operational for nearly 3 years and will continue to receive training and ongoing support.

The business specializes in:

Waterproofing Services - All Types of Waterproofing including Torch On, Liquid Rubber, Polyurethane and Cementitious.

Roofing Services - Restoration & Installations of all types of Roofs including Asbestos, Spray Coating and Fascia Boards Paint and Structural Repairs - Complete Exterior & Interior Revamping of Buildings and Spalling Repairs
Damp Proofing Services - Lateral and Rising Damp, Creams, Crystalline and Latex

All equipment is well maintained and the business operates out of 80 Sqm leased premises in Ballito, the lease needs to be renegotiated. However, the admin is done in the Cape Town office and additional space for this function may be required. 13 full time trained staff are employed and most are well experienced.

The owner is selling with the intention of opening a number of Franchised operations within South Africa

The selling price is R2,390,000 (inclusive of the R190,000 Franchise Package) but excluding VAT and Stock and offers an attractive 38 % return on your Investment.

A Royalty of 5% is payable, but 10% is payable on contracts secured by the franchisor and a Marketing Fee of 2% is also applicable.

Staff:  12 staff members.
Rental:  R2500 per month.
Asset Value:  R500,292
Cash Flow:  R683,157 per year.
End of Current Lease:  No lease in place.
Years Established:  12 years.
Stock/Inventory Value:  R60,000

Trading Hours

Trading Hours:  Mon- Sat 06:30 - 16:30

Message Agent

Neville  Loader, estate agent

+27 (0)71 327 5916
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