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Auto Training Business In Durban For Sale

Durban, KwaZulu - Natal, South Africa
Asking Price:
R3,100,000 Furniture / Fixtures included
Sales Revenue:
R4,200,000
Cash Flow:
R1,600,000

SOLD by Aldes May 2018

Turnovers & Net Profits to R4.2m pa & R1.6m pa respectively by Feb 2019 (inclusive of the expense of a managers salary at R360 000 pa to replace the seller ) OR R2m pa NP if owner operated. Owner is willing to stay on to a max of 2/3 years on a salary or partnership basis as long as his work load is reduced over the interim.

Fully accredited & profitable Training Facilities (Dbn & Jhb) focused on the Automotive Industry, with an excellent client base, which has just commenced with an additional line of training, that is substantially improving turnover & NP's.

Existing (many top SA Co's), newly approached, SETA forwarded or walk-in clients are booked onto training programmes aligned to their needs. The training staff conduct the training via classroom, hands-on, or online computer training, whereafter evaluation & certification occurs.

Property Information

Real Estate:

Lease

Location:

Dbn & Jhb Centres

Premises Details:

358m2 & 113m2 respectively

Planning Consent:

Numerous accreditation's (150+ hard and soft skills) are in place, as well as, being the industry leader

Business Operation

Reasons for selling:

Owner wishes to retire

Employees:
6 and the owner
Years established:
2007

Other Information

Support & training:

Owner will assist in all regards & is willing to stay on to a max of 2/3 years on a salary or partnership basis as long as his work load is reduced over the interim.

Furniture / Fixtures value:
R670,000 - included in the asking price

Contact Information

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