Innovatus FET College, which has been recently endorsed by the Franchise Association of South Africa (FASA),is proud to announce the availability of franchise outlets in South Africa.
Nineteen years into our democracy, and the scarce and critical skills continue to be a major problem in South Africa, making private education a lucrative business opportunity. Furthermore, government has now moved its focus to further education and training (FET) and Innovatus is therefore perfectly positioned to capitalise on this opportunity.
The franchise is competitvely priced at R 741,000 including VAT which is for a standard 100 seater campus, fully installed, accredited, registered, and ready to enrol learners. The standard capacity and potential sales volume for a campus is between 400-500 students per year with a sales potential of R5,7 million on full capacity. Our product offering has been tried and tested and is now operating at 6 campuses nationwide. Based on success here, we have ventured out into franchising.
We are looking for high spirited, highly motivated and business minded individuals who would be able to make a succes of the Innovatus brand in their local town or city.Franchisees are fully supported from inception of contract to becoming financially viable and profitable to reaching their full potential. Individuals who fit this profile are encouraged to explore this lucrative business opportunity now. Umalusi is now offering full accreditation and accreditation is for a period of 10 years meaning a new franchisee will have 10 years of accreditation for his / her franchised campus.
A successul franchisee can recover their full investment within 6 months of commencement.
This business can be relocated.
This business can be run from home.
Website: Please click here to view the link
Inventory / Stock value:
Furniture / Fixtures value:
R500,000 (included in the asking price)
The franchisor has secured the professional assistance of Hansie Britz - who is willing to assist new franchisees apply for finance. Hansie has several decades experience in this field and is considered an expert by many. Franchisees using this service are liable for fees payable directly to Hansie.
Owner financing is available. Please contact the seller for more information.
4 years (since 2009).The franchisor has a further 22 years private education experience in South Africa.
5-8 employees should be sufficient. The franchisor will provide detailed guidelines and assistance here.
Reasons for selling:
The potential for expansion exists since the Campus can take up extra premises, based on increased student enrolment.
R500,000 - R1,500,000
R1,500,000 - R3,000,000
Seller financial available: Yes
Work from home: Yes
Year established: 4 years (since 2009).The franchisor has a further 22 years private education experience in South Africa.
Employees: 5-8 employees should be sufficient. The franchisor will provide detailed guidelines and assistance here.
Date: Wed 10 Apr 2013