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Franchised Tyre Fitment Centre in Randburg

PROFILE
Description:		This easy to run franchised tyre fitment centre was established four years ago. They conduct regular online marketing and sales activities, continually building a client database which attracts revenue on a monthly basis. The location is in a prime business and retail property complex, close to surrounding residential properties, commercial activity and public transport facilities.
Industry / Sector:		Motor - Repair

LOCATION
State / Province:		Gauteng RSA
City / Town:		Randburg
Location / Area:
Metro Proximity:		Johannesburg. It should be possible to commute from this metro city to the business location.
Portability:		Moderately Portable - Possible to relocate with some disruption and cost. Would not be advisable

PRICE
Asking Price:		R 3 800 000
Conditions:		excluding VAT : includes stock and all assets.

FINANCIAL & OPERATING INFORMATION
Turnover:		R 500 757 per month
Profit:		R 76 649 per month
Annual Return:		24 % per annum
No. of Staff:		6
Year Established:		2020
Legal Persona:		Private Company (Pty) Ltd
Other Information:		. GENERAL DESCRIPTION . South Africa's top tyre retail outlet which only stocks quality products. They offer pulse-racing deals on trusted leading brands of tyres and also stock exhausts, shocks, batteries and more. BUSINESS FEATURES INCLUDE: Fitment centre Wheel balancing Wheel alignment Minor servicing and diagnostics Tyre repairs and changers Wheel rotation Nitrogen tyre filling Technologically advanced alloy plates Sale of tyres, batteries, shocks, brakes, rims, exhaust systems and towbars Multi-Skilled staff . REASON FOR SELLING . Owner is immigrating . STAFF . Staff complement is one Sales Manager with five employees. All six multi-skilled employees are fully compliant with the Motor Industry Bargaining Council. . STOCK . Valued at R46 249 All stock included in the asking price. . ASSET VALUE . Assets are valued at R1 770 864 . TRADING HOURS . Monday to Friday: 8:00 to 17:00 Saturday: 8:00 to 13:00 . PREMISES . Located in Randburg on an approximately 600sq.m property. The premises, which is rented by the business owners, is on one level with work area, storage area, reception area, staff ablution facilities and a kitchenette. The building has 3 phase electrical power supply available. The location is on a prime business and retail property, close to surrounding suburbs. Public transport facilities are easily accessible and nearby. . CLIENT BASE . - Walk-ins/individuals - Corporate Fleets - Revenue from online marketing and sales activities - B2B customer base . LISTED PRICE . This superb business is listed at R3 800 000 excluding VAT.

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Record ID: 2906

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