Magain Real Estate
ABN :
25638171301Looking for a fun and exciting new business opportunity? Look no further than Magain Real Estate! With two years of successful operation in South Australia, this franchise opportunity is ready to take on new states and expand its reach. With a total of one location already established, the franchise offers a chance to be part of a growing industry and build a successful career in real estate. With set up costs ranging from $103,500 to $397,500, ongoing payments of $350,000 to $980,000, and additional costs of $129,460 to $1,034,250, the Magain Real Estate franchise offers a chance to invest in a proven business model and watch your returns grow. Don't wait, inquire today!
Industry Division
RENTAL HIRING AND REAL ESTATE SERVICES
Industry Sub-Division
Property Operators and Real Estate Services
Address of the franchisor’s registered office
Green Pritchard & Co Accountants Pty Ltd, '1', 35 Beach Road, Christies Beach SA 5165
Address of the Principal business office
"Woodcroft Market Plaza" Shop 15, 217 Pimpala Road, Woodcroft SA 5162
Where the franchise currently operates
SA
Where the franchise is planning to expand
Not provided
Last month of franchisor’s financial year
6
Year in which the last financial year ends
2022
Years In Operation(Years)
2
Supplier Restriction
Yes
Franchisor Can Change Agreement
Yes
What is the standard term of franchise agreements
5 or more years
Are franchisees entitled to compensation for goodwill in the business
Yes, in certain circumstances. Clause 3.6 of the franchise agreement provides that in certain circumstances the prospective franchisee may have the right to claim compensation for goodwill at the end of the franchise. However, the franchisee agrees and acknowledges that the franchisor has the sole and exclusive right, title, interest, benefit and privilege in and to the goodwill in the Franchise Business.
Are franchisees subject to a restraint of trade (or similar) clause
Yes
Franchising Agreement URL
Not provided
Option For Renewal
Yes - Subject to new agreement AND conditions
Public Email
Public Phone Number
8381 6000
Website URL
Not provided
Youtube Link
Not Provided
Key Facts Sheet Url
Not provided
Minimum Investment
$103500
Maximum Investment
$397500
Minimum Ongoing Payments
$350000
Maximum Ongoing Payments
$980000
Minimum Other Payments
$129460
Maximum Other Payments
$1034250
Total Owner Franchisors
1
Total Co-orporate Franchises
Not provided
Disclosure Url :
Not provided
What are 3 reasons someone should invest in a Magain Real Estate franchise?
Are you ready to take the leap into the exciting world of real estate? If so, here are three reasons why you should consider the Magain Real Estate franchise opportunity:
1. A Proven Business Model - With two years of successful operation in South Australia, Magain Real Estate has already established itself as a leading name in the industry. By becoming a franchisee, you'll have access to a proven business model that has already shown success. You'll also receive training and support to ensure you have all the tools necessary to succeed.
2. Growing Industry - The real estate industry is continually growing and evolving, and there's no better time to become a part of it than now. With Magain Real Estate, you'll be at the forefront of this growth, providing buyers and sellers with top-notch service and expertise.
3. Investment Opportunity - With set up costs ranging from $103,500 to $397,500 and ongoing payments of $350,000 to $980,000, investing in the Magain Real Estate franchise is an excellent opportunity to build a successful career and watch your returns grow over time. Don't wait; inquire today about how you can become a part of the Magain Real Estate family!
Ask a question to Magain Real Estate
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