Tile & Sanware Franchise National For Sale

Business description

This great investment earning a fantastic income with limited input from the owner. The business is a top brand franchised retailer of local & imported tiles and bathroom-ware. This business and another (mandate 101339) are for sale by the same seller. If one can purchase both complimentary businesses, this is the way to go. Situated on the north coast this company is a great investment since the competent staff management ensures limited input from the owner.

Property information

Location:

Located in the busy heart of the CBD of town, very visible and accessible. This is a great investment earning a fantastic income with limited input from the owner. The business is a top brand franchised retailer of local and imported tiles and bathroom ware.

The company is run by extremely competent staff making it an excellent income earning investment.

Premises details:

1325m2 of retail and storage, in a newly revamped and attractive building. The building are also for sale as the owner is emigrating.

Standby generators have been installed in the offices ensuring an uninterrupted operation in the event of power failures.

Size in square feet:

1325m2

Business Operation

Expansion potential:

There is scope to target new contractors, government tenders and much more. The business is part of a strong national brand with national advertising ensuring constant visibility in the public eye

Competition / Market:

There is competition on the other side of town, but both have their own niche market and import and supply different ranges and styles.

Reasons for selling:

The owner wishes to sell both his businesses as well as the premises that he owns as he wishes to emigrate

Trading hours:

Monday to Friday 07h30 to 17h00, Saturdays 08h30 to 14h00 and Sundays from 09h00 to 13h00

Employees:

Six company employees and four outsourced employees

Years established:

Established in 1999 and a market leader in the area

Franchise terms

Franchise opportunity:

Yes

Favorable terms are negotiable as per the franchise agreement

Other information

Support & training:

Full in-house support and training is offered as well as from a national perspective from the franchise company

Financing available:

While this is a cash deal, the owner is prepared to look at seller assisted finance to approved buyers and that a substantial deposit is available to pay up front.

Furniture / Fixtures value:

R951,142 (included in the asking price)

Inventory / Stock value:

R2,355,000 (included in the asking price)

Relocatable:

This business can be relocated.