Background

Mr Kruger, a private company, was established in Montana, Pretoria in 2014. The core business of this community-orientated company is the buying and selling of bullion-related products, recycled precious metals, numismatics and collectible memorabilia. Bullion comprises gold, silver and platinum, typically Krugerrands and silver bars; numismatics include the SA Mint’s bouquet of products and older collectables; and recycled metal consists of pre-owned jewellery and diamonds. In addition, Mr Kruger does jewellery design and manufacturing, and provides safe-keeping services for the abovementioned commodities.

Mr Kruger is a Full Member of the Franchise Association of South Africa!

 

Franchise Opportunities

Mr Kruger offers its franchisees a very attractive business opportunity.  Through its value proposition it trains and supports its franchisees, enabling them to make attractive profits which make a return on investment in approximately two years possible.  The beautifully appointed shops are primarily located in upmarket shopping malls and are designed to ensure the safety of franchisees, their staff and clients alike.  Owning a Mr Kruger franchise is a sensible strategy for a responsible and serious businessman seeking medium to long term career opportunities in a virtually recession-free industry.

 

Franchise Cost

Initial Fee R550 000

Set-up Cost R1 450 000

Total R2 000 000

Operating Capital R500 000

Total Investment R2 500 000

Advertising 7% of Gross Profit

Royalties:

0,5% on Krugerrands (turnover)

3% on other income streams (turnover)

 

Profitability:

R231 000 – Year 1 (projected nett profit)

R2 300 000 – Year 2 (projected nett profit)

 

Franchise opportunities Countrywide

 

All amounts exclude VAT

 

     
 
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