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Established And Profitable Auto Parts Store In Cape Town For Sale

Cape Town Northern suburbs, Western Cape, South Africa
Asking Price:
R8,000,000 Furniture / Fixtures included
Sales Revenue:
R22,000,000
Cash Flow:
R2,700,000

A rare opportunity to purchase a long-established and well-known auto parts shop that has operated successfully for the past 21 years.

This 360sqm operation is situated in a thriving automotive precinct in the northern suburbs of Cape Town.

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

This manager-run business is a great investment opportunity and/or an exciting opportunity for hands-on operators.

All financials, asset lists, etc. available on request

The owner is relocating and is looking for a quick sale.

Turnover – R22 million pa.

Net Profit – R2,7 million pa.

Equipment Value – R1 mill (Included in selling price)

Stock value – around R2 million. 

Selling price – R8 million (+stock)

More info will only be provided upon signing an NDA and Proof of Funds.

Property Information

Real Estate:

Lease

Lease Terms:

3 years left with option to renew for another 3, 5 or even 10 years.

Leasehold Rent:

R600,000 per annum

Business Operation

Reasons for selling:

Owner is relocating.

Trading hours:

Mon-Fri: 8am - 5.30pm.
Sat: 8am - 1pm.

Employees:
8
Years established:
21

Other Information

Support & training:

Owner will do full handover

Furniture / Fixtures value:
R1,000,000 - included in the asking price
Inventory / Stock value:
R2,000,000