How much it costs to buy a DIY or home improvement business like Drain Surgeon or Easylife Kitchens | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 65 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 80%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

The Covid-19 pandemic had a lot more homeowners reaching for hammers and paintbrushes, and eventually looking to professional companies, to help improve their immediate surroundings. | News24_Business

, and eventually looking to professional companies, to help improve their immediate surroundings.

Some franchises in this sector require an initial investment of under R500 000 and don't require that owners know how to wield a tape measure. They also supply somewhat future-proofed products, even if present economic circumstances have seen them slow down.Blind Guys supplies and fits blinds, shutters, security barriers and awnings.

Once operational, they charge franchisees 3% of targeted turnover, or a minimum of R9 000, and 20% of digital marketing spend, or a minimum of R3 000.Coastal Hire is a household-name tool hire business with a long history in South Africa. The Coastal Hire business involves the rental of small equipment, primarily for home improvement and DIY jobs. They have over 100 locations throughout southern Africa and accept applications from interested franchises on their website.

Easylife Kitchens has two franchise models at different price points, and they are looking for people"with a creative flair" and business and management experience.A studio showroom costs approximately R700 000, which includes a R140 000 joining fee, setup costs, and two months of working capital. A full Easylife Kitchens showroom costs around R1.6 million, which includes a R450 000 joining fee, setup costs, and two months of working capital.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Dischem’s operating costs spike even as earnings growThe pharmacy group warns that rising operational costs linked to load-shedding will affect its future earnings
Source: BDliveSA - 🏆 12. / 63 Read more »