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PROFILE |
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Description: |
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This car parts business is situated in the centre of various surrounding towns which through the years support this niche business. It is well managed by a couple who took the shop over from a successful entrepreneur. With the ever increasing prices of new vehicles, more people fix and maintain their vehicles. Parts are stocked for most cars and models and stock is received daily. There is potential to expand rapidly. |
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Industry / Sector: |
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Motor - Other |
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LOCATION |
| State / Province: |
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Western Cape RSA |
| City / Town: |
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Western Cape |
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Location / Area: |
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Western Cape |
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Portability: |
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The reason for not being able to move the premises as that they have an existing lease agreement, when it expires the business can be moved if required |
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PRICE |
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Asking Price: |
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R 3 000 000 |
| Conditions: |
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Excludes stock of approx. R2,5m |
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FINANCIAL & OPERATING INFORMATION |
| Turnover: |
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R 483 000 per month
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| Profit: |
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R 75 666 per month
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| Annual Return: |
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30
% per annum
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| No. of Staff: |
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7 |
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Year Established: |
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2015 |
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Legal Persona: |
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- unknown or withheld - |
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Other Information: |
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REASON FOR SALE
The existing owners need to relocate to Gauteng for family issues.
PRICE and STOCK
The price excludes stock which varies according to requirements from clients but on average the stock is +/- R2,5.
A final stock valuation would be calculated on the date of takeover.
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