This is a well-established business with strong ties to a global network of suppliers. It supplies automotive fitment centres and franchises across Southern Africa with machinery and accessories and is recognized as a leader in the industry.
With two branches and agents in the major areas, the business has solid national coverage and has seen steady growth thanks to increased market share. A buyer with BEE credentials would be especially well-positioned to take it even further.
The founding owners are looking to retire but are prepared to facilitate a smooth handover.
Selling Price (Enterprise Value): R35 000 000 (Debt-free cash-free) includes NWC guarantee of R16 million.
