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LocationSouth Africa, KwaZulu-Natal

Sector - Sales & Services

Asking Price
R595,000
Monthly Profit
R 27,656
Asset Value
R 240,633
Stock Value
R 160,100
Yearly Net Profit
R 331,870

Summary

This business situated in the KZN Midlands provides auto electrical and LPG gas services as well as motorbike repairs, hydraulic pipe connections and aircon repairs.

Give me more information

Fully describe the business's activities?

Auto electrical, airconditioning, motorbike repairs and LPGas technician

How does the business operate on a daily basis?

Depending on the type of job the work is done in the workshop or at the customer's premises.
Work is delegated to staff.

What Advertising/Marketing is carried out?

Facebook, local network, website and google

What competition exists?

Main competition is about 40 kms away.

How could the profitability of the business be improved?

Employ additional qualified staff.
Increase advertising in surrounding towns.

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

Owner - 18 years - manages and works on jobs.
General worker - 4 years - does basic jobs in workshop and on clients premises.
Apprentice - 6 months - in house training.

Do any have management potential?

No.

How involved is the Owner in running the business?

The Owner is hands-on in the business and does all work that requires a fully qualified person and issues compliance certificates.

When does the current lease end?

There isn't a lease but the landlord is willing to negotiate a lease with the Purchaser.

What are the trading hours?

Mondays to Fridays 8am to 5pm and Saturdays if required.

What are the main assets of the business?

Hydraulic machine, Diagnostic tester, Pressure washer, Aircon pump, Thread rivet crimperGenerator

Strengths?

Long established business with excellent reputation.
Owner managed and operated.

Weaknesses?

Customers have to wait for service as there is not sufficient qualified staff to attend to jobs.

Opportunities?

Employ qualified staff to grow the business.
Increased advertising would also increase business.

Threats?

None perceived other than the poor performing economy.

What is the reason for the sale?

The Owner and family are emigrating.

Location

Contact | Enquire

John

John Londal

LocationSouth Africa, KwaZulu-Natal

Preferred method of contact

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