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CARtime Service and Repair Centre Franchise For Sale, Cresta
Automotive From: R1 500 000

Gauteng, Cresta

CARtime franchise for Sale: Cresta, Gauteng

Asking Price:                                      R1,500,000

Sales Revenue:                                  R3,840,000

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.

CARtime Cresta has been operational for 2.5 years, with 5 employees within the business operation. The business is up for sale, as the franchisee’s wife is ill, and it’s the owners wish to spend time with her.

Business Operation

Market:

  • Cresta is an upscale area known for its business, shopping, and residential properties, all benefiting from additional daily high traffic flow.

Trading hours:

  • Monday to Friday 7.30 till 17.30
  • Saturdays 8.00 till 13.00

Employees: 

  • 5

Years established:

  • 2.5 years

Competition: 

  • There are numerous competitors in the automotive aftermarket sector, however, CARtime boasts 25 years of a homegrown brand that has stood the test of time with a grown network of branches. Our vibrant colours, tidy receptions and 25 years of experience separates us from the rest.

CARtime is accredited by the following organisations:

  • FASA (Franchise Association of South Africa)
  • MIWA (Motor Industry Workers Association)
  • RMI (Retail Motor Industry)
  • Right2Repair
  • MIO (Motor Industry Ombudsman).

CARtime service centres are modern, vibrant, and well-equipped workshops featuring state-of-the-art motor vehicle diagnostic equipment for all makes and models. They also have access to the latest industry data. Training is a core component of the CARtime franchising model, encompassing initial start-up training as well as ongoing monthly sessions. This ensures that all CARtime personnel consistently meet the high standards of service guaranteed to customers.

The reception areas are designed to provide customers with comfort, professionalism, security, and peace of mind, ensuring their expectations for high-quality vehicle service are met.

Property Information

Real Estate:

  • Lease Agreement

Lease Terms:

  • A new 3-year lease has been negotiated with the landlord.

Leasehold Rent:

  • R620,000 per annum

Location:

  • Located in a prime position along Beyers Naude Drive, this site is part of a small shopping centre. It offers consumers direct access from Beyers Naude Drive to a private, self-contained parking lot, which is exceptional given the area’s significant parking challenges.

Premises Details:

  • The premises are approximately 368sqm

Other Information

Support & training:

The new franchisee and staff undergo an intensive training program, which includes practical on-the-job training. The course content is designed to fully prepare participants for the successful operation of their new business. The course covers:

  • Methods of business operation and system implementation
  • Customer care and relations
  • Key financial controls
  • Opening day assistance from the franchisor
  • Marketing strategies
  • Human Resources
  • Software training

The training centre is located in Midrand, South Africa.

  • Courses run for three weeks and include a combination of practical sessions and lectures.
  • It is the franchisee’s obligation to ensure that all staff are fully trained before working in any store.
  • Upon completion of the training course, the franchisee receives a comprehensive operator’s manual for reference.
  • CARtime regularly holds refresher courses, updates, and training sessions for new franchise staff.

Financing available:

  • No finance available.

Furniture / Fixtures value:

  • R800,000

whichfranchise.co.za has not evaluated, nor does it guarantee this resale opportunity. The onus is on the buyer to verify all information provided by the seller. Information on assessing a resale opportunity can be found here. This message does not constitute legal advice.

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