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Well-Known Cartime Service and Repairs Franchise In N1 City For Sale

N1 City, Western Cape, South Africa
Asking Price:
R1,950,000
Sales Revenue:
R4,800,000
Cash Flow:
R450,000

CARtime is a homegrown South African brand, comprising a network of top-tier independent motor vehicle service centres. With a legacy spanning over 25 years and a presence of over 41 branches nationwide, we stand as a testament to quality and reliability. Our franchisees receive unparalleled support, complemented by the most competitively priced monthly fees in the industry. CARtime is the most competitively priced franchise in the industry and the longest standing homegrown brand.

Property Information

Real Estate:

Lease

Leasehold Rent:

R600,000 per annum

Location:

Located in a prime position on the main road, the branch has incredible signage with road front AND side visibility.

Premises Details:

Secure complex with off street parking.

Business Operation

Competition / Market:

The franchisor is selling his very own, highly profitable, CARtime N1 City store in the Western Cape!

What makes this store so special?

It was cherry picked by the franchisor, for the franchisor himself 2,5 years ago as a regional office. It is well established, and it makes good money, consistently! The staff are well trained and have been with the franchisor for a long time and there is a large, loyal customer base. There are great national tenants on both sides of the store, so there is always a high volume of passing traffic and additional walk-ins.

The store has clear view fencing which provides additional security, as well as plenty of off-street parking for staff and customers’ cars. The franchisor added LED high bay lighting to give the store excellent lighting in the dull Cape winter months.

It has backup power via generators, an additional aircon machine, disc skimming machine, additional toilets, kitchenette and boardroom and is equipped to meet RMI 5 star grading criteria.

Located in a prime position on the main road, the branch has incredible signage with road front AND side visibility.

The franchisor is only letting go of this diamond-of-a-store, because he wants a store closer to his home in Melkbosstrand. The franchisor will be in Cape Town next week if you would like to meet him and see the store.

Be quick off the mark and make a seamless transition into owning your own business and make sizeable turnovers from day 1!

CARtime has expanded to over 41 franchises nationwide, backed by 25 years of experience in the car service and repair industry. Our proven business model continues to lead the way in providing effective and profitable opportunities for our franchisees. CARtime is the most competitively priced franchise in the industry and the longest standing homegrown brand.

Take control of your future by owning your very own CARtime Franchised Service and Repair Centre.

We would be delighted to discuss this opportunity with you further and explore how we can support you in achieving your entrepreneurial goals.

Franchising has demonstrated it’s long-term sustainability year after year. A CARtime franchise provides you with a proven business model, leveraging brand recognition, a trusted service offering, and ongoing corporate support to ensure your success. This is underpinned by the franchise sector's remarkable ability to innovate and adapt to evolving market demands, ensuring continued growth and prosperity despite economic fluctuations.

Reasons for selling:

The franchisor is only letting go of this diamond-of-a-store, because he wants a store closer to his home in Melkbosstrand.

Trading hours:

07:30 - 17:30 Mon - Fri
08:00 - 13:00 Saturday

Employees:
5
Years established:
2 years

Other Information

Furniture / Fixtures value:
R500,000
Relocatable:
This business can be relocated.