Ref. No - BFS11082

LocationSouth Africa, Western Cape

Ref. No - BFS11082

Sector - Sales & Services

Asking Price
R4,000,000
Monthly Profit
R62,186
Asset Value
R 0
Stock Value
R 1,500,000
Yearly Net Profit
R 746,232

Summary

Established in 2008, this successful auto parts and service center has evolved from specializing in a single brand to offering comprehensive vehicle maintenance and repairs, boasting a loyal clientele, with the owner now selling due to retirement and family health needs.

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Background and History

This business was established in 2008 after the owner resigned from a well known auto brand brand and started his own business. He obtained 2 units in an industrial area and divided his business in a car parts business and a service centre. Although he started off servicing only the specific brand vehicles, he has since expanded his services and do from basic servicing a car to complete overhauls of engines, gearboxes etc. His clientelle base is wide and he has a huge database of loyal clients. The only reason for selling is that he is on retirement age and his wife is not healthy and needs full time assistance

Products and Services

Auto servicing and selling of car parts

Assets

Can be supplied

Employees

At this stage he works alone

Financials and Forecasts

Average monthly turnover on car parts R35,000

Average monthly turnover on servicing section R75,000

Average monthly expenses R47,000

Reason for Sale

Retirement

Location

Contact | Enquire

IAN

IAN van Ravesteyn

Preferred method of contact

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