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Established And Profitable Auto Parts Business In Northern Suburbs, Western Cape For Sale

Cape Town North - Durbanville, Western Cape, South Africa
Asking Price:
R8,000,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R22,000,000
Cash Flow:
R100K - R500K

A rare opportunity like this doesn't come around every day. A chance to purchase a long-established and well-known auto parts shop that has successfully been operating for the past 22 years.

This 440-square-meter operation is situated in a thriving automotive precinct in the Northern Suburbs, Cape Town, Western Cape.

Strong relationships have been established with both customers and suppliers, resulting in the business being a trusted name in the industry.

All financials, asset lists, etc. are available on request

Turnover: R22 million pa.

Net Profit: R2.7 million pa.

Equipment Value: +/- R3 million (Included in selling price)

Stock value: +/- 2 million.

Great ROI

Selling price: R8 000 000.00 + Stock

Cash Buyers only; No finance deals will be entertained

Property Information

Real Estate:

Lease

Lease Terms:

3 Years

Leasehold Rent:

R39,500 per annum

Location:

Prime Proporty, Main Road, City Center

Premises Details:

Business is located in Central trading hub, Prime

Size in square feet:
538,196

Business Operation

Expansion Potential:

With adequate cash flow there is extremely hugh potential for expansion

Competition / Market:

There are a few similar shops around but nothing new

Reasons for selling:

Owner want to relocate

Trading hours:

08:00 - 17:00

Employees:
11
Years established:
2002

Other Information

Support & training:

Shop is ran by manager and peolple in place in all sectors. Full training and support will be given thou

Furniture / Fixtures value:
R2,000,000 - included in the asking price
Inventory / Stock value:
R2,000,000 - included in the asking price
Relocatable:
This business can be relocated.