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#Business ID: 38429

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Franchise Car Wash in Krugersdorp For Sale

Business Location: Krugersdorp, Gauteng, South Africa

Asking Price: R 2,400,000 Revenue: R 1m to 5m Cash Flow: not disclosed

[Furniture / Fixtures included]

Business Summary

Join our expanding franchise by acquiring one of our lucrative existing branches. This prime location is nestled within the architectural marvel of Cradlestone Mall in Krugersdorp, boasting an average of 1300 cars per month.

With no joining fees, you'll only need to cover a minimal monthly royalty of R3,200 along with R500 for software. Rest assured, all operational systems and software are already in place. Plus, our franchisor offers comprehensive training to ensure your success.

Full management accounts will be disclosed to serious buyers during the due diligence process once an offer is received and accepted.

Valuing the business follows a standard method: using the last 12 months EBIDTA and multiplying it by a price-earning ratio of 3.

Net profit for 12 months amounts to R813,056.83. When multiplied by 3, the valuation stands at R2,439,170.49.

We're offering this lucrative opportunity at R2.4 million, all-inclusive.

Don't miss out on this opportunity.

Selling Price R 2.4 million

Contact us today for more information or to arrange a viewing.

Property Details

Property Type:

Lease

Other Business Details

Business Location:

Busy Mall

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