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Car Parts


Description:    This car parts business is situated in the centre of various surrounding towns which through the years support this niche business. It is well managed by a couple who took the shop over from a successful entrepreneur. With the ever increasing prices of new vehicles, more people fix and maintain their vehicles. Parts are stocked for most cars and models and stock is received daily. There is potential to expand rapidly.
Industry / Sector:    Motor - Other
State / Province:    Western Cape RSA
City / Town:    Western Cape
Location / Area:    Western Cape
Portability:    The reason for not being able to move the premises as that they have an existing lease agreement, when it expires the business can be moved if required
Asking Price:    R 3 000 000
Conditions:    Excludes stock of approx. R2,5m
Turnover:    R 483 000 per month
Profit:    R 75 666 per month
Annual Return:    30 % per annum
No. of Staff:    7
Year Established:    2015
Legal Persona:    - unknown or withheld -
Other Information:     
The existing owners need to relocate to Gauteng for family issues.

The price excludes stock which varies according to requirements from clients but on average the stock is +/- R2,5.

A final stock valuation would be calculated on the date of takeover.



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Record ID: 2860
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