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LocationSouth Africa, Western Cape

Sector - Sales & Services

Asking Price
R850,000
Monthly Profit
R 39,714
Asset Value
R 25,000
Stock Value
R 200,000
Yearly Net Profit
R 476,570

Summary

The long established business sells and service trailers and has area agency agreements with prominent trailer manufacturers.

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Fully describe the business's activities?

Selling of leisure and commercial trailers New and Used.
Selling of spares for the trailers.
Service and repairs of trailers.

How does the business operate on a daily basis?

It is an owner run business and no employees currently.

What Advertising/Marketing is carried out?

They have a very active website. Advertising in the local newspapers.

What competition exists?

There are similar businesses in town with a different focus.

How could the profitability of the business be improved?

Currently all repairs are outsourced, new owner to do self or employ a mechanic or technical person. Concentrate more on repairs. Built own custom made trailers. Add more product lines like bull bars, tow bars, camping equipment etc, etc.

How involved is the Owner in running the business?

The owner is 100% involved.

When does the current lease end?

Current lease ends on 31 December 2023.

What are the trading hours?

Mon- Thurs 08h00- 17h00. Fri 08h00- 16h00. Closed over weekends.
Closed on Saturdays currently. To be reconsider by new owner.

What are the main assets of the business?

Stock and office equipment.

Strengths?

Independent Dealer.
Area dealer for strong, well known brands.
Long established and well located in the motor hub of the area.
Low overheads.
Relative easy to run business.
Most trailer stock is on consignment.

Weaknesses?

One man show, but can also be a strength in today's world!

Opportunities?

To do more repairs self.
To expand on brands and product lines.
To register to build own custom made products.

Threats?

Normal economic climate threat.
A similar business in the immediate area for the last 7-8 years but it was proven clients shop around. This immediate neighbour is now a regular customer for spares.

What is the reason for the sale?

Owner has been in the industry for a long period and wants to make a change.

Location

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Jaco

Jaco du Plooy

LocationSouth Africa, Western Cape

Preferred method of contact

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