Fully Equipped National Franchise Business For Sale

Business description

.......Fully equipped franchises with huge potential and good projected cash flow sold national for introduction price of R260 000, 00 (Including Vat & Excluding Stock). Franchises is projected to generate gross profit between R110 000, 00 and R140 000, 00 a month. Full training provided.

....... Our stores are between 80-120m2, and are fully fitted and furnished convenience retail outlets, with an on-site frozen food bakery & take away. Initial stock of +/-R80k is needed for these stores, and is supplied on different terms by our listed suppliers. Franchise fee is of 5% of turnover. Our stores are selling: energy drinks, cool drinks, groceries, cooked meals, freshly baked pies, dairy products, candy, gum, chips, biltong, cigarettes, coffee, muffins, sandwiches, books, newspapers, pre-paid airtime, pre-paid electricity, fruit and vegetables and more.

....... We assist you with sourcing, negotiating lease and approve a profitable outlet.

....... Price of franchise includes: Shop fitting, Signage, Shelving, Fully operational Point of Sale, Back office system complete, CCTV Cameras, Fitted bakery, Equipment, Fridges, Marketing and opening promotion.

....... eStore24 franchises are designed to provide as much possible offerings per trading m2 (80-120m2) Our stores are supporting supplier signage and branding. Our store layouts are done scientifically and our merchandising is done specifically to grow basket size and increase profitability. eStore24 helps shop owners to drive sales with monthly promotions. The system monitors sales, generate profit reports and suggest when new products should be ordered.

....... Franchising is, without doubt, the most public of business formats. You recognise a franchise because it carries a strong brand, has a distribution mechanism that reaches far and wide and provides a uniform product, service and image to the public. eStore24 franchises is able to use the franchisors business system or format, including the name, goodwill, product and services, operating manuals and standards, marketing procedures, systems and support facilities. eStore24 gives our franchisees initial and on-going services and support.

....... eStore24 is the only logical progression from where we are, in terms of current industry trends. Money is spent on marketing by retailers claiming to save money for the consumer, paid for out of supplier's budgets. Now suppliers can enjoy a truly beneficial relationship with a retailer and the target market, directly. You will enter a Franchise Agreement that is 5% of your turnover. These fees will be applied for back office expenses, main data base maintenance, supplier communication and negotiations, site specific brand activation etc.

....... We are building our profile on four pillars, Visibility, Accessibility, Profitability and more importantly, Empower future retailers. We get back to basics, adding to everyone's bottom line. With the supplier not paying pay high corporate rebates and the retailer not paying high franchise fees, we have a competitive advantage that we pass to the customer. This savings will assist to restore trust and loyalty in the convenience retail market. Convenience retail is one of the fastest growing industries in the country and not even the recent global financial crisis could put much of a dampener on consumer needs. eStore24 will play in this field through the establishment of strong relationships, a commitment to quality products, improving people's lives and extended trading hours.

.......If the franchisee wish to end the agreement with eStore24 the franchisee can offer termination in writing and agree to hand over the business to eStore24, who will have the first and primary right and offer to take over the business and continue trading. Business will be validated, advertised and sold for 3 (three) months turnover. The franchisee agrees to pay 20% (Twenty Per cent of value of Sale) as commission to the franchisor.

Property information

Location:

Sourced by retailer, approved by eStore24

Premises details:

Sourced by retailer, approved by eStore24

Size in square feet:

80-120m2

Business Operation

Reasons for selling:

National Roll out of stores.

Trading hours:

06:00-21:00, or 24 hours depending on location

Employees:

4

Years established:

2

Franchise terms

Franchise opportunity:

Yes

You will enter a “eStore24” Retail Trade Agreement” that is a “Daily Trading Fee” of 5 % (Incl Vat) of your turnover (Incl Vat)

Other information

Support & training:

Shop fitting by a reputable shop fitter. Access to reputable suppliers in convenience market. Stock ordering based on proven rate of sale (minimising expense of slow moving stock). Monthly promotions, creating excitement and driving turnover. Up to date merchandising tips and techniques, as per brand owner research and company agreed planograms. (Additional) Merchandising team to implement new layouts or changes to planograms. (Additional) Fully functional Fingerprint Reader (Clock Machine), staff just clock for duties and payslips are generated. (Additional) Stock-take team to do complete stock count (including expired stock) ensuring all stock is rotated, and compiling GP (Gross Profit) report. Compare actual stockholding with stockholding on system, which will project store shrinkage and identify “high risk” items for daily monitoring via stock counts. Introduce you to fully functional POS (Point of sale) system, assisting you with: Inventory, Suppliers (Creditors), Customers (Debtors), Inter store transfers (Slow moving stock that other outlets might use), Printing Labels, Store Promotions, Reports, ECR (Electronic cash register) functionality. (Excluding Back office System, that can be shared with “Clock-In” system) Instant visibility. Due to cost effectiveness of our concept outlets we aim to open at least 10 stores a year, which will make us a recognized brand that consumers can associate to. A reputable convenience retailer training you. Being in the convenience market for 14 years and understanding that convenience retail is a very specialist form of retail; our company strategy is to firstly grow a network of dealer owned/managed stores; ensuring profitability and maximising visibility, then start with our aggressive roll out plan of company owned stores. If at any stage or for any reason whatsoever you wish to end/terminate the “eStore24” Trade Agreement”, you are entitled to do so in writing. Being a registered legal entity, you agree to grant us in writing 90 days to trade under your registration. In such an event we will do a full stock take (Stock Valuation of stock on hand at day of handover). We will continue to trade, find a new retailer or appoint a retailer, recall and redraft rental and any other agreements. Once new registration is done, you will be fully paid for stock value at time of handover, as well as value of assets the new owner agree to take over.

Furniture / Fixtures value:

R260,000 (included in the asking price)

Inventory / Stock value:

R80,000

Website:

Please click here to view the link

Related documents:

• 
• eStore24 - Inventory

• 
• eStore24 - Setup

• 
• eStore24 - Introduction

Home based:

This business can be run from home.

Relocatable:

This business can be relocated.