Ref. No - BFS935746
South Africa, GautengRef. No - BFS935746
Sector - Services
Asking Price
R2,190,000
Monthly Profit
R43,276
Asset Value
R 0
Stock Value
R 690,000
Yearly Net Profit
R 519,313
Summary
Multi service business focus on auto electrical repairs, vehicle diagnostics, car aircon and - security and many more. Very reliable and well known in Pretoria
Give me more informationFully describe the business's activities?
The business specializing in general Auto electrical Repairs, Bosch Vehicle Diagnostics, Car Air conditioning ,
Vehicle security and many more.
Vehicle security and many more.
How does the business operate on a daily basis?
The Owner open and closes the business on a daily basis.
Vehicles are checked in and scheduled .for the workshop to attend to a problem or installation to be done.
Vehicles are checked in and scheduled .for the workshop to attend to a problem or installation to be done.
What Advertising/Marketing is carried out?
Website in place further not much.
What competition exists?
There are 2 similar businesses in the area
How could the profitability of the business be improved?
Training is in progress as a Fitment Centre for a Car Gas conversions.
A Mechanical Workshop can be added
A Mechanical Workshop can be added
Give a breakdown of staff/ functions/ length of service?
The Owner as manager and Technician
1 x Reception
1 x Store man
2 x Unit shop for repairs
2 x Wire technicians
2x Cleaners, 1x Driver
1x Driver
1 x Reception
1 x Store man
2 x Unit shop for repairs
2 x Wire technicians
2x Cleaners, 1x Driver
1x Driver
Do any have management potential?
No
How involved is the Owner in running the business?
The Owner is full time involved in the business
When does the current lease end?
The Building belongs to the Owner and he wants to sell the property also.
The Owner is willing to sign a long term lease agreement with the Buyer with the option to buy.
The Owner is willing to sign a long term lease agreement with the Buyer with the option to buy.
What are the trading hours?
08h00 till 17h00 Monday to Friday
What are the main assets of the business?
Good client relations, staff , stock and equipment.
Strengths?
Quality service and loyal customers
Expert staff
Potential for growth
Expert staff
Potential for growth
Weaknesses?
The business is not currently run by a manager
Opportunities?
The Car Gas Conversions to be implemented.
A Mechanical Workshop to be added
A Mechanical Workshop to be added
What is the reason for the sale?
The owner wants to retire and relocate
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