Ref. No - BFS936460

LocationSouth Africa, Gauteng

Ref. No - BFS936460

Sector - Services

Asking Price
R2,500,000
Monthly Profit
R 104,718
Asset Value
R 887,675
Stock Value
R 100,000
Yearly Net Profit
R 1,256,619

Summary

Premier car and body workshop specializing in a comprehensive range of automotive services in expert car servicing, including major services, fuel & air, brake systems, engine oil and leaks, electrical, driveline & suspension, transmission and clutch, engine block, aircon, cylinder head, and exhaust.

Give me more information

How does the business operate on a daily basis?

Customer Appointments: The day usually begins with scheduled customer appointments. These may include routine maintenance tasks such as oil changes, tyre rotations, brake inspections, tune-ups, and more complex repairs like engine diagnostics or electrical system troubleshooting.

What Advertising/Marketing is carried out?

None

What competition exists?

The property and business is situated in a near a branded motorcity building next to a large Nissan dealership.
Car Auto Service Centre solely dominates the competition in Wadeville / Germiston.

How could the profitability of the business be improved?

The business has the opportunity to install a gas depot, and currently, a project is available and approved by the government to change vehicles operating on fuel to gas.

Give a breakdown of staff/ functions/ length of service?

1 x General Manager
1 x Service Manager
1x Admin Manager
1 x Workshop Foreman
2 x Mechanics
1 x Driver
1 x Cleaner

Do any have management potential?

Yes but manager owner would be preferred due to complexity of work

How involved is the Owner in running the business?

Owner runs the operations, finances and staff daily

When does the current lease end?

The lease ended December 2023 but the month-month leas has been entered into as the owner wishes to sell. The landlord will sign a long-term lease with the new owner.

What are the trading hours?

Monday to Friday 07h30 - 17h00
Saturday 08h00 - 12h00

Strengths?

1. Business has existed for over 20 years as an entity.
2. Businesses comply to world-class standards in auto repairs
3. Equipment, tools, spray booth in excellent order
4. Skilled Staff
5. Opportunity for growth: Area, Corporate and Projects
6. Property is based in a safe environment, building.
7. One-stop-shop smart diagnosis to expert repairs.

Weaknesses?

December only is only a half of trading month.
January & February is low on revenue.

What is the reason for the sale?

Owner just turned 70 and wishes to retire
Location

Contact | Enquire

Peet

Peet Brits

LocationSouth Africa, Gauteng

Preferred method of contact

Logo
Access to the number one business broking tool to get your business sold.
We've got you covered!

We offer an innovative and intuitive

solution for selling your business, franchise and premises

Promote

Promote

your business for sale

Advertise

Reach

the right audience

Gain

Gain

more exposure

Sign up for our Sellers' Portal Affordable monthly packages
Man

Knowledge Bank

Get the latest information, valuable tips and share in the professional knowledge of business experts on selling or buying a business

Buyers

What Are The Advantages Of Buying An Existing Business

What Are The Advantages Of Buying An Existing Business

10 Questions To Ask When Buying A Business

10 Questions To Ask When Buying A Business

The Transformative Power of Business Coaching: Unleashing Success and Growth

In today's competitive business landscape, entrepreneurs and professionals are constantly seeking ne

Sellers

Unlocking Opportunities: Selling Kindergarten, Pre-School and Early Childhood Development Centre Franchises Online with Business for Sale

We're excited to announce our latest endeavour aimed at fostering growth and expansion in the early

Empowering Franchisors: A Refined Approach for Exponential Sales Growth

Empowering Franchisors: A Refined Approach for Exponential Sales Growth

6 Steps To Selling A Small Business In South Africa.

6 Steps To Selling A Small Business In South Africa.