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Excellent Investment Opportunity. Parts Store In Ulundi For Sale

Ulundi, KwaZulu - Natal, South Africa
Asking Price:
R3,600,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R10,000,000
Cash Flow:
R500K - R1.5M

Automotive parts and accessories
Well reputable , been in the area for 30 years.
Great loyalty from customers and workshops
Point of sale system
Great opportunity for investors

Property Information

Real Estate:

Lease

Lease Terms:

Lease expires 2026

Leasehold Rent:

R360,000 per annum

Location:

In CBD , walking distance from the rank and mall. Ideal spot for the business

Premises Details:

Great condition. Renovations done by us eg lights,bathroom, Jojo etc

Size in square feet:
350

Business Operation

Expansion Potential:

With the correct management and guidance this business could grow into a franchise

Competition / Market:

2 main competitors but are new to the market

Reasons for selling:

Pursuing other opportunities

Trading hours:

9-5

Employees:
3
Years established:
30

Other Information

Support & training:

Yes I will stay and assist the new buyer in anyway possible to cope the takeover process

Furniture / Fixtures value:
R100,000 - included in the asking price
Inventory / Stock value:
R3,000,000 - included in the asking price
Relocatable:
This business can be relocated.
Distressed:
This business is a turnaround opportunity.