Ref. No - BFS00150
South Africa, Western CapeRef. No - BFS00150
Sector - Sales & Services
Summary
t is very rare that you get a service centre that can cater for nearly 100% of the cars found in SA- but this service centre is renowned for its wide range of parts available including CV joints etc as it has been operational for over 25 years. Add to this the fact that they are registered with RMI assuring a client guaranteed work and after service excellence. They also specialize in suspension and drive shaft repairs, determining the root cause of the problem and not base their findings on guess work- this ensures a cost effective service, including insurance claims. A 24 hour tow-in service is available
The owner has decided to retire and hence the sale of the business—he is prepared to assist a new buyer and to do full training with such a buyer.
The stock of +/- R2,2 million caters for all kinds of motorvehicles and the selling price excludes stock that will be determined on the effective date a new buyer takes over the business
Assets which are all functional and in working order includes two vehicles
How long has the business been established?
26 years
Is the business VAT Registered?
Yes the business is VAT registered
Until end February 2025 1/3/2025-30/9/2025
End Febr 2025 1/3 to 30/9/2025
Turnovers R2,5 million R2,1 million
GP R1,5 million (60%) R1,2 million
NP (EBITDA) incl add backs R46,000 per month R59,571 per month
How many employees?
Three permanent and 2 part time
How involved is the Owner in running the business?
On a daily basis
When does the current lease end?
A new lease agreement will be signed with the new owner
What are the main assets of the business?
Mainly equipment used when servicing a car including lifts and 2 vehicles included
What is the reason for the sale?
Retirement
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