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#Business ID: 38865

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PROPERTY ESTATE AGENCY in SANDTON For Sale

Business Location: Sandton GT, Gauteng, South Africa

Asking Price: R 2,000,000 Revenue: R 5,600,000 Cash Flow: R 3,600,000

Business Summary

PROPERTY ESTATE AGENCY – SANDTON
SELLING PRICE: R2,000,000.00 FOR 50% SHARE
NETT PROFIT: R5,600,000.00 PER ANNUM

DESCRIPTION: This unique opportunity offers a 50% share for an newly established Estate Agency Franchise in a prime location of the Sandton Area. The success of this Property Group has been from partnering with the right people hence the opportunity for a new entrant to take up the challenge. This opportunity provides new Investors a fully set-up infrastructure to grow a successful and profitable business with the support of a team of motivated Agents who are trained and equipped. Training is provided by by attending regular in-house training initiatives and online training courses. According to the “Lightstone Report” a volume of 5,886 properties were sold in this area during 2022. Conservative projections have identified that by capturing a 4.7% market share in this demarcated area would generate a cumulative Net Income before Taxation of R5,6 million. The focus is around spending more time building real relationships with clients so that everybody wins. This Franchise offers world-class products that have completely changed the way business is conducted, translating into better, faster, extraordinary customer experiences. In-depth market knowledge, property experience and expertise ensures sales team offers clients true value.

Please contact us for more details.

Property Details

Property Type:

Lease

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