- Advert ID: 637715
Household name Tyre Retail Business For Sale
- Location:
-
- South Africa
- > Gauteng
- > national 6 stores + master franchise license
- Category:
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Summary
- Asking price:
- R24,000,000
- Sales revenue:
- R43,000,000
- Net profit:
- R3m < R8m
- Franchise opportunity:
- Yes
- Years established:
- 1986
- Employees:
- 89
- Relocatable:
- This business can be relocated.
Franchise terms
sale includes the master franchised license
Business description
Specializing in the tyre retail market to the end user.
The business history goes as far back as 1952.
Good relation with suppliers
Well competitive prices
Steady cash flow
Existing franchise opportunities
Endless potential in growing automotive markets.
Established clientele
Good staff
Property information
- Real Estate:
- Real Property Included
- Lease terms:
- All stores lease agreements are in place,
- Location:
- Store are nationally, located in prime positions, High visibility with easy entrance
Other information
- Expansion potential:
- Potentials to open more company owned store as well as to sell more franchised outlets. The sale of the business includes the master license of the franchise holding company.
- Competition / Market:
- Business has a 50 years history with good clientele and is not seasonal.
- Support & training:
- Will be provided, well trained staff included
- Reasons for selling:
- Owner downscaling on businesses
- Trading hours:
- monday to Saterday
- Furniture / Fixtures value:
- R11,000,000
- Website:
- www.koenic.co.za
Contact the seller
need to search again?
- South Africa
- > Gauteng
- > national 6 stores + master franchise license
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