Ref. No - BFS934795
South Africa, South Africa CountrywideRef. No - BFS934795
Sector - New Franchise Opportunities
Asking Price
R500,000
Monthly Profit
R 64,900
Asset Value
R 0
Stock Value
R 0
Yearly Net Profit
R 64,900
Summary
Franchise in the property industry
Give me more informationHow does the business operate on a daily basis?
The Franchise opportunity is all about the sale and resale of properties.
What Advertising/Marketing is carried out?
National, online, and various other platforms.
They also have a National Referral Network that links all of their offices in South Africa and these referrals get tracked from the onset up until the successful transaction stage.
They also have a National Referral Network that links all of their offices in South Africa and these referrals get tracked from the onset up until the successful transaction stage.
What competition exists?
The real estate market is a competitive industry - depending on the area
How involved is the Owner in running the business?
The Franchisor prefers owner-operated franchises.
What is the reason for the sale?
International brand expanding new franchise opportunities nationally.
Strengths?
International Brand with growing local brand awareness.
Backup, support, and training systems in place.
National and International referral network in place
Backup, support, and training systems in place.
National and International referral network in place
Weaknesses?
Industry regulator presents challenges.
Opportunities?
Appointing extra agents.
Growing in new areas.
Growing in new areas.
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