Ref. No - BFS11280

LocationSouth Africa, Gauteng

Ref. No - BFS11280

Sector - Sales & Services

Asking Price
R15,000
Monthly Profit
R1
Asset Value
R 0
Stock Value
R 0
Yearly Net Profit
R 1

Summary

Dormant CC with assessed loss of R168k.

Give me more information

Background and History

Operated as a mechanic - one man show.

Ceased operations in close corporation during 2025 to trade as sole proprietor - to save costs.

Assessed loss of R168,155. Tax saving value is R45,401.

All books and tax returns are up to date.

Turnover was always below R1m per annum and therefore never registered for VAT.

 

 

Products and Services

Operated as mechanic.

Assets

None.

Employees

None.

Financials and Forecasts

None. Dormant.

Reason for Sale

Ceased operations to trade as Sole Proprietor.

Reason for Investment Offer

N/A.

Conclusion

This is a good opportunity to obtain an assessed loss to continue or start your business.

Value of possible tax saving is R45k.

Location

Contact | Enquire

Hendrik

Hendrik Smit

Preferred method of contact

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