$275,000 + SAV
Quality Franchise brand
About this opportunity
A rare opportunity to become part of the well-established and trusted brand of Pedders Suspension franchise network is now available in Townsville. The current owner of 25 years cannot speak highly enough of the Pedders family who make doing business more like friendship, if retirement was not on the doorstep he would not be selling. That’s the sign of a great business combination.
Why should you consider this opportunity?
- Finance Arrangement with Westpac
- Well Established Business (30 Years)
- Strength in a Powerful Brand
- Franchise System
- No Royalties
- Comprehensive Systems and Procedures
- Excellent Marketing
- Great Branding
- Owner Operated
- Main Road Location
- Profitable Business
- Facebook Page
- Great Website
- Easily Run
- Experienced Staff
- Trades 5 ½ Days
- Long Term Tenancy with Good Lease
Pedders now has over 120 locations Australia wide and Pedders has recently expanded its export markets to now include shipments to distributors in Korea, Mauritius, Europe, The Middle East, Thailand, Indonesia, Kenya, South Africa, Malaysia, China, Cyprus & the U.S.A.
Franchising has allowed Pedders to widen its scope and distribute more products into the market without losing control of product quality and customer service standards. This large, multinational automotive company has come a long way from a backyard welding shop, and most if not all of this growth has been due to the determination, dedication and foresight of their most important asset - their people.
As with any Franchised Business the purchaser must be approved the Head Franchisor and complete the required training programs. In relation to the Pedders Franchise arrangement this made cost effective and easy with the majority of training conducted in store. The basis of the franchise operation revolves around an on-going program of technical training backed by extensive sales and marketing support, ensuring strict corporate guidelines are met in every aspect of the company's operation.
No franchise royalties apply as Pedders Suspension derives its revenue from supplying its own range of Pedders branded products.
Even better should it be required, Pedders is an officially approved franchise organisation with the Westpac bank. This unique status gives the Pedders brand a boost in its official credit rating for loan applicants. Westpac applications for existing Pedders franchisees for business finance will lend up to 1.5 times EBITDA capped at 50% of the purchase price for existing franchised stores.
Since beginning the franchise operation, Pedders has helped many franchisees establish successful businesses in their own right. This is your chance to take over high profile and reputable business at $275,000 + SAV ($160,000)