#SAFranchiseFriday featuring Bianca Properties

BACKGROUND
The Bianca Properties team has over two decades of combined experience in the selling, buying and renting of residential properties. Under the leadership of Vino Baum, the founder of Bianca Properties South Africa, every real estate stakeholder is able to testify to the quality service standards that ensure the reputation of Bianca Properties in the real estate industry.

Their sole purpose is to orchestrate an efficient process that makes the selling, buying or renting of a property a smooth and enjoyable experience. Their seamless, multi-integrated system uses the latest technology to help ensure that clients achieve their property investment goals.

THE CONCEPT
Bianca Properties secure and sell properties at market-related prices to ensure a fair deal to both the willing seller and buyer. The franchisor is affiliated with the Estate Agency Affairs Board (EAAB), is FICA registered and applies industry best practices in all their business dealings. Their competent property professionals and support staff effectively and efficiently service all clients and business partners.

The company's portfolio started with residential sales in lifestyle estates, but has since expanded to residential and commercial sales, rentals and letting, property valuations and auctions as well as new estate developments.

The company prides itself on meeting the requirements of clients from all backgrounds and nationalities. Vino has a particular empathy for previously disadvantaged individuals in need of expert real estate advice and the company offers an innovative training and mentorship programme for disadvantaged individuals.

FRANCHISOR SUPPORT
Bianca Properties recruits and retains competent property professionals and support staff to effectively and efficiently service all clients and business partners. Franchisees benefit from the company’s full rental management software solution and custom-designed listing system, on which properties need only be listed once to benefit from exposure on the widest and biggest Internet platform.

Franchisees receive superior quality in-house training and an online training platform. Agents are also trained on market developments and legal compliance issues including trust account management.

FRANCHISEE PROFILE

Bianca Properties franchisees appreciate the fact that clients have a choice in real estate representation and understand and appreciate that they are assessed on their level of service.  As such they are truly dedicated to providing superior service that results in the best value for the client.

SNAPSHOT
History
Founder: Vino Baum
Year founded: 1996
Area of origin: Pretoria, Gauteng
CEO: Vino Baum

Network
1st SA franchise opened: 2005
Number of SA outlets: 3

Financials
* Amounts quoted are VAT exclusive
Average set-up cost: R230 000 to R280 000
Initial joining fee: R130 000 to R180 000
Average monthly turnover: Available on request
Achievable gross margins: Available on request

Franchise agreement
Management fee: 6% on sales and rentals
Marketing fee: Available on request
Agreement term: Available on request
Renewal term: Available on request

WANT TO KNOW MORE?
Contact Michel Tshepe on +27 12 809 0012 or vino@biancaproperties.co.za
www.biancaproperties.co.za