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PROFILE |
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Description: |
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An automobile servicing and spare parts sales operation established for over 15 years. servicing and repairs to all brands which extends to complete overhauls. Strong widespread and loyal client base. |
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Industry / Sector: |
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Motor - Repair |
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LOCATION |
| State / Province: |
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Western Cape RSA |
| City / Town: |
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Pringle Bay |
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Location / Area: |
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Pringle Bay |
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Portability: |
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Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
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PRICE |
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Asking Price: |
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R 2 500 000 |
| Conditions: |
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Cash transaction required |
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 110 000 per month
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| Profit: |
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R 62 186 per month
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| Annual Return: |
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30
% per annum
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| No. of Staff: |
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1 |
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Year Established: |
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2008 |
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Legal Persona: |
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Close Corporation |
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Other Information: |
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GENERAL OPERATIONS
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Although he started off concentrating on one brand of cars, the business quickly escalated and today he services all kinds of cars - this is from basic servicing to complete overhaul of engines, gearboxes, etc.
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BUSINESS HISTORY
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The owner of the business resigned from his work at a well known auto brand centre in 2008 to found this auto business. He obtained two units in an industrial area and established an auto parts section in one and the servicing of cars in the other.
Although he started off concentrating on one brand of cars, the business quickly escalated and today he services all kinds of cars.
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CLIENT BASE
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His loyal clients are from all over the Western Cape and these clients are his best marketers to recommend new customers.
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