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Coating Worx Franchise for Sale
Low Cost From: R400000 to: R500000

All Provinces

Let’s Partner Up – COATING WORX is expanding its footprint nationwide and is looking to recruit new franchisees to start their own commercial and domestic paint contracting business.

Finance Details

Total Set up Cost: R450 000.00 Ex Vat.

The set-up cost provides you with a complete turnkey operation securing your right to operate a franchise using Coating Worx trademarks and business systems. Very little capital is required to run the business due to progress payments from clients and account facilities with suppliers. Gross profit margins generally run at 40% with few additional overheads due to the nature of the business.

Working Capital and financial support:

We recommend at least R 25 000 as an initial start up amount and at least 3 months overheads in the bank.

These funds will be used to support your cash flow in the initial start up phase. Note that the paint suppliers provide an account to approved franchisees and contract deposits from clients assist with cash flow requirements.

What Do You Get For Your Investment?

  • All equipment
  • Management software
  • Business systems
  • Rights to use the Coating Worx trademark

Benefits

  • An established tried-and-tested franchise model.
  • Intensive in-house and on-site training for franchisees, staff and managers.
  • Ongoing support and leads supplied by Head Office.
  • Paint supplier guarantees and discounts.
  • Monthly marketing allowance from supplier rebates.
  • Minimal working capital required due to contract deposits and progress payments.
  • No fixed overheads, no stock holding, no power failures.
  • Excellent & quick returns on investment.

Locations

  • Gauteng
  • Eastern Cape
  • Western Cape
  • Mpumalanga
  • Limpopo
  • Kwa-Zulu Natal
  • Northern Cape
  • Free State
  • North West

The Ideal Franchisee

Coating Worx is looking for individuals who:

  • Are enthusiastic
  • Are self-motivated
  • Have a passion for the industry
  • Can deliver professional services of the highest standard and quality.
  • Have an entrepreneurial spirit and drive to succeed.

Effectively managed, this business will provide an excellent return on your investment

Training and Support

Initial Training and Support

Previous experience in the coatings field is not necessary. Coating Worx, together with its paint suppliers, offers in-house training courses for franchisees and managers followed by on-the-job production, administration, and financial procedures. Franchisees will be given all the necessary tools and skills to run their own successful business.

Ongoing Training and Support

Franchise Details

Coating Worx is a nationwide Commercial and Domestic Paint Contracting Company focusing on assisting Corporate, Body Corporate, Townhouse complex and Property managers in enhancing and maintaining their property assets. Established in 1989, Coating Worx is a firmly established brand boasting a wealth of experience and expertise in the South African paint contracting industry.

Benefits of owning your own Coating Worx franchise

  • The Coating Worx franchise model brings 32 years of experience in the industry.
  • Franchisees benefit from tried-and-tested procedures, leads and pro-active support from head office, paint supplier guarantees and discounts, and a monthly marketing allowance from supplier rebates.
  • Every property needs paint to stave off environmental damage. New buildings must be painted, and every existing building inevitably finds itself in need of a re-paint after five years, which makes the Coating Worx an ideal annuity business.
  • Coating Worx is supported and endorsed by Plascon Paint and Dulux which enables them to guarantee their product and workmanship for 5 years, under certain conditions.
  • With a national footprint, Coating Worx can effectively undertake and deploy the right resources to match any scale of a project.

Features

Pricing

Finance Details

  • Total Set up Cost

    Ex Vat. The set-up cost provides you with a complete turnkey operation securing your right to operate a franchise using Coating Worx trademarks and business systems. Very little capital is required to run the business due to progress payments from clients and account facilities with suppliers.

    450000
  • Gross profit margins

    Generally, run at 40% with few additional overheads due to the nature of the business.

  • Start up working capital

    Working Capital and financial support: We recommend at least R 25 000 as an initial start up amount and at least 3 months overheads in the bank. These funds will be used to support your cash flow in the initial start-up phase. Note that the paint suppliers provide an account to approved franchisees and contract deposits from clients assist with cash flow requirements.

    25000

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  • Important Notice: Most commercial banks require a contribution of up to 50% in cash from a potential franchisee to qualify for finance.