Ref. No - BFS937049

LocationSouth Africa, Western Cape

Ref. No - BFS937049

Sector - Services

Asking Price
R532,000
Monthly Profit
R17,837
Asset Value
R 165,000
Stock Value
R 2,000
Yearly Net Profit
R 214,044

Summary

Business has had a recent setback with the closure of a second-hand car dealership. However, Tavcor is setting up operations in town and it is anticipated that the turnover will increase substantially in the near future. The business offers a comprehensive valet service where seats are removed and deep clean of carpets, also normal valets, polishing and buffing, engine washes, windscreen chips, tar removal etc. Also car wash facilities if requested. Being ideally situated in the town centre, they get much of their work from the car hire companies, car dealerships for pre-delivery valets, individual clients, and even the local taxis. An ideal business for a Husband and Wife team who enjoy the vehicle environment and want to work Mondays to Fridays but have the weekend free.

Give me more information

Fully describe the business's activities?

A complete vehicle valet service plus Paint correction, Minor scratch removals, Paintless dent removals, Windscreen Chip repairs, Headlight restoration, Chassis clean and blacking.

How does the business operate on a daily basis?

The Owner and his wife operate the business

What Advertising/Marketing is carried out?

Facebook predominately

What competition exists?

There is no significant competition in town.

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

All staff are general workers

How involved is the Owner in running the business?

The Owner and his wife are involved on a daily basis in all aspects of the business

When does the current lease end?

28th February 2025.
Lease year to year

What are the trading hours?

8am to 5pm

What are the main assets of the business?

Karcher Carpet Cleaning Machines
Karcher K7 Pressure Washer
Adendorff JDP 10000E 7Kw Generator
Windscreen Chip Repair Kit
5m Car Ramps
Plus numerous other assets as required for the business.

Strengths?

Large customer base
Trained staff
Good location
Rainwater tank
Generator

Weaknesses?

No known weaknesses

Opportunities?

New trends in Vehicle detailing such as Ceramic treatment
Window tinting

Threats?

There are no known threats to this business.

What is the reason for the sale?

Owner wants to take on a new venture.
Location

Contact | Enquire

Noel

Noel Heath

LocationSouth Africa, Western Cape

Preferred method of contact

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