The cellular service and product provider was formed 2006 and has built up a substantial income stream which grows each year with new clients.
Listed price
Amount::
1,800,000
Currency::
South African Rand (ZAR)
Down Payment
Amount::
1,800,000
Currency::
South African Rand (ZAR)
Total Annual Sales
Amount::
1,300,000
Currency::
South African Rand (ZAR)
Owner Cash Flow: Business Profits including Owners Drawings
Amount::
600,000
Currency::
South African Rand (ZAR)
Fixtures, Furniture & Equipment::
200,000
(included in price):
Yes
Inventory::
200,000
(included in price):
Yes
Reason for sale:
Owner moving to Cape Town
Training & Support:
Offered by seller and franchisor
Business Description:
This is the leading franchise agency of Nashua Mobile and operates from an upmarket store in the northern suburbs of Johannesburg. The income is annuity based and the business is easy to run. Costs are low
Historical Summary:
The business was started in 2006 and has achieved great success in building a good client base. It's success is due to the Nashua brand, the location of the store and some good hands on management.
Potential for Growth:
With continuing new subscriptions annuity base increases each year
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