Ref. No - BFS934668

LocationSouth Africa, Gauteng

Ref. No - BFS934668

Sector - Sales & Services

Asking Price
R9,680,000
Monthly Profit
R 80,490
Asset Value
R 6,388,500
Stock Value
R 0
Yearly Net Profit
R 965,884

Summary

Profitable mechanic and auto diagnostics business

Give me more information

Fully describe the business's activities?

Auto mechanic workshop diagnostics centre and general motor services

How does the business operate on a daily basis?

Motor yard + workshops and front office reception arae

What Advertising/Marketing is carried out?

None

What competition exists?

Various other workshops in greater region, yet this is the longest in business

How could the profitability of the business be improved?

Contractual work and increased advertising spend

How involved is the Owner in running the business?

The owner manages the day-to-day business

When does the current lease end?

The premises is owned and part of the transaction

What are the trading hours?

Monday to Friday 07:30 to 17:30

What are the main assets of the business?

Building, Vehicle Lifts, Rollback Truck, Tow Truck, Tools

Strengths?

Long established and profitable business

Weaknesses?

Area where workshop located a bit of poor quality feel, yet buildings are currently being revamped and new municipal offices will be built across the road

Opportunities?

Greater advertising of established and trustworthy workshop

Threats?

Covid Lockdowns

What is the reason for the sale?

Owner relocating as part of scaling back activities for retirement
Location

Contact | Enquire

Deon

Deon van Tonder

LocationSouth Africa, Gauteng

Preferred method of contact

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