XTP was founded in 2003 by Xoliswa Tini. The head office is situated in East London and boasts its own training academy. There are 4 company owned outlets operating in Eastern cape and 1 outlet in Gauteng.
Real Estate business specialising in residential sales, development sales, mortgage facilitation and property letting. It also includes commercial and industrial activities.
Financially stable entrepreneurs who will be hands on owner operators. They must be strong in sales, customer service and have experience in real estate.
Initial and on-going training for the franchisee and their agents.
Upfront fee R80 000;
Approximate establishment cost +/- R270 000 – R300 000;
Recommended working capital 6 – 8 months operating costs;
Management services fee 5% of commission on each property;
Advertising / Marketing fee contribution 3% of commission on each property;
Total fees 8% Royalty; Total Investment R380 000 excluding working capital
Franchisees Minimum own cash (before loan) 50% unencumbered cash contribution.