Real Estate Agency Franchise

Price : R 1,500,000
Listing Type : Real Estate Agency
Location : KwaZulu-Natal
Ref No. : 2953
Year Established : 2007
No. of employees : 21
Trading Hours : 8am - 5pm
Lease Term : Monthly
Turnover : R 782 667 pm
Cost of Sales : R 357 151 pm
Expenses : R 402 641 pm
Net Profit : R 22 874 pm
Asset Value : R 168 115

An exciting opportunity to acquire a well-established real estate agency situated in the vibrant South of KZN. With a rich history spanning 30 years, this business has evolved from a dynamic partnership into a franchise powerhouse in 2007. Now, with three qualified shareholders, all compliant with the Property Practitioners Regulatory Authority, this agency is ready for a new chapter under fresh ownership. Specializing in a comprehensive range of real estate services, including property sales, property management and rentals, this business has consistently demonstrated its commitment to excellence. The two founding partners, having laid a solid foundation for success, are now planning to retire, and the third shareholder is looking to immigrate. This creates an opportunity for an ambitious individual with a passion for real estate, abundant energy, and outstanding people skills.

As the torch is passed to a new owner, there’s a crucial decision to be made – continue the legacy under the franchise brand or venture into the world of independent real estate agency. The flexibility in this choice allows the new owner to align the business with their vision and strategy for success in the ever-evolving real estate landscape.

This business asking price is R1,500,000, and offers not just a solid foundation but a lucrative financial profile. With an average monthly turnover of R782,668 and a net profit of R22,874, the numbers speak volumes about the potential for growth and success. The existing client base, coupled with the reputation built over three decades, provides a head start for the new owner to make a significant impact in the market.

If you are a qualified and compliant principal estate agent ready to take the reins, this opportunity is tailor-made for you. Don’t miss the chance to own a piece of real estate history and shape the future of this successful agency. Contact us today to explore this exciting venture and take the next step towards your prosperous real estate career!

Due Diligence