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.
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.