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PROFILE |
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Description: |
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Specialises on minor dent and paint repairs to motor vehicles. The owners have recently incorporated auto glass service in their service offering. Does not do hard core panelbeating but only panel replacements. In 2008 it was the first franchise within its stable to reach R1 million turnover and in the very same year it was voted franchisee of the year. |
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Industry / Sector: |
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Motor - Repair |
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LOCATION |
| State / Province: |
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Gauteng RSA |
| City / Town: |
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Alberton |
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Location / Area: |
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Industrial area in Steeldale |
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Portability: |
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Zero Portability - This business can only operate from the area specified. There is no potential whatever for it to be relocated elsewhere.
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PRICE |
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Asking Price: |
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R 4 120 000 |
| Conditions: |
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None |
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 980 000 per month
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| Profit: |
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R 145 000 per month
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| Annual Return: |
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42
% per annum
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| No. of Staff: |
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28 |
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Year Established: |
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2006 |
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Legal Persona: |
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Close Corporation |
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Other Information: |
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EXISTING MARKET
The business has existing contracts with fleet companies and is approved by major insurance companies and motor vehicle manufacturers. They also service private clients.
PROSPECTS
The business is profitable and there is a huge potential to double the profits. There are expansion opportunities in renting more factory space.
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