Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Business Opportunity. Australian Business Opportunity - Victoria

LISTING DETAILS
Firms For Sale ID:
32051
Vendor reference:
12907
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$4,630,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Magnificent Business Opportunity in Victoria, Australia:

The business provides a range of marketing services to Real Estate Agents including but not limited to:

â?¢ Photography
â?¢ Floor plans
â?¢ Interactive Floor plans
â?¢ Elevated Photography
â?¢ Virtual Tours
â?¢ Video
â?¢ Free Website hosting/listing for Real Estate Agents.

The Seller established business has been operational for the past 8 years and is a State Franchise or Master Franchise for Victoria, Australia with 40 franchisees operating across the State.

The business has an established client base of 5000 Real Estate Agents across Victoria, withh new Clients being added continually throughout the larger franchise system using national and local marketing strategies.

With monthly gross profits of +/- AUSD 10, 0000 (ZAR 84,100), the business turns over +/- AUSD 2.2million (ZAR 18.0 million per annum) of which, 5% is payable to the State Franchisor. The business is managed from a home office and expenses incurred are mainly travel, telephone, internet and bank fees.

Full financial disclosure will be provided to interested Buyers upon completion of a Confidentiality/Non-disclosure Agreement.

The State Franchisor manages 8 Area Franchisees who in turn manage 40 photographic franchisees. The main function of the State Franchisor is an Accounting function as all commissions generated are paid into the State Franchisors bank account.

Additional responsibilities are motivating franchisees, assisting with recruitment, monthly area meetings and management of state-wide marketing initiatives which include Real Estate Conferences.

The state has not yet been fully developed and there are still opportunities to develop the outlying, regional areas.

This business is ideal for a person wishing to immigrate to Australia, as it fulfils all the criteria required for residency which includes the required turnover of AUSD $250 000 ( ZAR 2.0 million), employment of Australians, (40 franchisees) etc. and has a substantial instant income.

This is a very simple and easy business to run. The ideal purchaser would have good management and people/interpersonal skills. The current owners intend remaining on in the franchise and will therefore be able to train, assist and advise since they will function as co-state franchisors.

The Seller who owns the rights for two States namely: Victoria and New South Wales is planning to relocate to Victoria and they are engaged in developing another arm of the business (Signboards and Brochures) which requires a large financial commitment.

The business generates a monthly PBIT of R67, 000 and is selling for AUSD 550, 000 (ZAR 4.63 million) thus offers a return on investment (R.O.I) of +/- 17.4 %.

The Seller is also looking to dispose of the New South Wales Franchise (see listing number 12850) thus, if a Purchaser is interested in acquiring both Franchises, then the price would be fairly negotiable and possibly reduced by as much as 10%.

For more information on this exciting business opportunity, kindly contact the mandating Broker, Ian Craig on +27 82 452 8186.