Asking Price
R850,000
Monthly Profit
R31,798
Asset Value
R 535,000
Stock Value
R 15,000
Yearly Net Profit
R 381,570
Summary
Franchised Vehicle service center - A reputable network of over 70 workshops countrywide.
Give me more informationFully describe the business's activities?
This business is part of a strong and well known franchise group which provides affordable services and repairs to all types of cars and bakkies.
How long has the business been established?
Since 2004
How does the business operate on a daily basis?
Clients will come/phone in and receive a quote, client will instruct which services should be performed and drop off the car, payment will be made when car is picked up.
What Advertising/Marketing is carried out?
Advertising is done by the franchisor and each franchisee pays 2.5% of turnover towards this on a monthly basis. Each franchisee is strongly advised to also advertise in their own area via pamphlets, etc.
The business has recently been revamped and has the latest look and feel
The business has recently been revamped and has the latest look and feel
What competition exists?
There are a few small workshops in the area but they do not pose a threat to the business
How could the profitability of the business be improved?
A more hands on approach will make a huge difference. Current owner does not spend much time at the business as he has other business interests
Give a breakdown of staff/ functions/ length of service?
1 Manager
1 Secretary
2 Technicians
1 General worker
1 Secretary
2 Technicians
1 General worker
Do any have management potential?
Yes
How involved is the Owner in running the business?
The owner visits the company on a daily basis but does not spend much time at the premisses.
When does the current lease end?
2026
What are the trading hours?
Weekdays: 07:00 – 17:30
Saturdays: 08:00- 13:00
Saturdays: 08:00- 13:00
What are the main assets of the business?
Workshop equipment
Furniture
Computer equipment
Furniture
Computer equipment
Strengths?
Well Established.
This is a top franchised group with excellent support from Head Office that provides full training and great advertising.
The business is situated in a good location.
Good database of clients with repeat business
This is a top franchised group with excellent support from Head Office that provides full training and great advertising.
The business is situated in a good location.
Good database of clients with repeat business
Weaknesses?
Owner not an active operator
Opportunities?
Continue to grow the business in a climate where a franchise offers quality service at an affordable price.
Threats?
None perceived
What is the reason for the sale?
Owner is pursuing a new business venture and does not have enough time to divide his attention to both businesses to reach their full potential
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
your business for sale
Reach
the right audience
Gain
more exposure
Sign up for our Sellers' Portal Affordable monthly packages
More businesses you may like
More similar, inspiring businesses for sale
SA, Gauteng
SERVICES
Online Clothing and branding business looking for an investor. Located o the Westrand of Jhb
1,030,000
YNP - R 391,411
SA, Gauteng
SERVICES
A franchise motor vehicle workshop with a manager in place in excellent location.
1,650,000
YNP - R 529,594
SA, Gauteng
SERVICES
Well-established College & Skills Development Institution. Vaal Area. HWSeta and QCTO Accredited.
750,000
YNP - R 596,276
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.