Asking Price
R1,650,000
Monthly Profit
R100,477
Asset Value
R 416,500
Stock Value
R 0
Yearly Net Profit
R 1,205,722
Summary
Well priced and profitable business with proven figures.
Give me more informationFully describe the business's activities?
Mechanical repairs to body enhancements
They offer various mechanical and body repair services to meet all your automotive needs. The skilled technicians can handle any challenge, from engine diagnostics and brake services to collision repair and paintwork.
Their experienced technicians are equipped to handle everything from routine check-ups to complex repairs, ensuring your car is safe, reliable, and efficient.
Precise engine diagnostics to identify and resolve any issues your vehicle may be experiencing.
Brake Services, Engine Services, Vehicle servicing Engine Overhalls, Battery Replacement and charging
Diagnostic. Cluth Overalls, Wheel Bearings, CV Joints, Gearbox Overhalls, Diff Overhalls and Suspension.
Car Body Services: Panel Beating, Spray Painting, Upholstery
They offer various mechanical and body repair services to meet all your automotive needs. The skilled technicians can handle any challenge, from engine diagnostics and brake services to collision repair and paintwork.
Their experienced technicians are equipped to handle everything from routine check-ups to complex repairs, ensuring your car is safe, reliable, and efficient.
Precise engine diagnostics to identify and resolve any issues your vehicle may be experiencing.
Brake Services, Engine Services, Vehicle servicing Engine Overhalls, Battery Replacement and charging
Diagnostic. Cluth Overalls, Wheel Bearings, CV Joints, Gearbox Overhalls, Diff Overhalls and Suspension.
Car Body Services: Panel Beating, Spray Painting, Upholstery
How does the business operate on a daily basis?
Fleets bring in vehicles for repair or service. Walk in customers bring in their vehicles for repairs and service.
The clients get a quotation and pays either via EFT or swipe a card.
The clients get a quotation and pays either via EFT or swipe a card.
What Advertising/Marketing is carried out?
The business has a website and signing boards.
How could the profitability of the business be improved?
Advertising and employing another mechanic.
Give a breakdown of staff/ functions/ length of service?
One mechanic who has been with the business since inception.
One junior mechanic.
One junior mechanic.
How involved is the Owner in running the business?
The owner is 100% involved in the running of the business.
The owner checks vehicles when it comes in, do the quotation, order the parts and check the vehicles before it goes out.
The owner checks vehicles when it comes in, do the quotation, order the parts and check the vehicles before it goes out.
When does the current lease end?
The business is currently on a month to month rental with the landlord
What are the trading hours?
Monday to Saturday 7am to 5pm
What are the main assets of the business?
A 2008 VW Caddy Panel Van with 200 000km on the clock.
Tools, lifts, etc
Tools, lifts, etc
Strengths?
Profitable
Fleet customers and repeat business
Skilled staff
Proven figures
Fleet customers and repeat business
Skilled staff
Proven figures
Weaknesses?
The buyer may be actively involved or employ a manager
Opportunities?
Opportunities to grow the business - advertising get more fleet customers
Appoint another qualified mechanic
Appoint another qualified mechanic
Threats?
No real threats are identified
What is the reason for the sale?
The owner wishes to retire and concentrate on his hobby
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