Total of 18657 firms and businesses for sale today Thursday 28th March 2024
Time to Sell or Time to Buy !

Business For Sale. Price Reduced -non Structural Auto Repair

LISTING DETAILS
Firms For Sale ID:
32065
Vendor reference:
12929
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
$550,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
This non structural auto repair centre was established by its current owner in March 2011. The owner came from the auto sales industry. The business is registered with the RMI (Retail Motor Industry Organisation).

The location which is just off the main road, is well suited to the nature of the business. The size of the premises is approximately 430m2 which is well secured and surrounded by other similar types of businesses.

No advertising is undertaken at all. The business relies on referrals from dealerships within the area. The business currently has nine dealerships on their database of which five or six are active.

Very little business is obtained from the man on the street. The core business is non-structural auto body repairs ensuring vehicles are in pristine condition for the dealership floor.

Just recently the business obtained a vendor number which opens up a whole new avenue of business with the City of Cape Town and the SA Police Service.

On file are Management Accounts and Annual Financial Statements. There is also an itemised asset list with second hand values on file.

The seller has started another business venture in an unrelated field and is battling to divide time between two businesses.

The owner has since listing his business with LINK reduced his selling price to R550,000