Price dropped to R1.1m (excl stock) ! Non Franchise. The turnover of R3m less COS of R1.7m & a fully covered range of expenses, but with personal expenses added back, provided a Net Profit (EBITDA) of R479 000 for the last 12 months ending Aug 2022.
This Durban fitment centre covers - tyres, rims, exhausts, shock absorbers, brakes, tow bars etc, which are fitted by staff, utilizing the 4 hoists, alignment, balancing , de-rimer, welding machine etc.
The owner opens opens/closes the fitment centre, provides quotes to existing repeat clients (vendor/order numbers in place), as well as, drive-in prospective clients, and then orders tyres/parts required for fitment by the staff.
There is no advertising/marketing/website - which provides a huge opportunity to grow the business from the present R3m pa turnover (which has been very stable over the years).
The shop needs a good clean up to lift it to a new & better level, although the equipment is perfect for a turnover of some R10m (the picture of this business is a stock picture)
- Asking Price:
- R1,100,000
- Sales Revenue:
- R3,000,000
- Cash Flow:
- R479,000
Property Information
- Real Estate:
-
Lease
- Location:
-
Position, position, position !
1. On a major arterial Durban CBD road, with excellent road frontage
2. Easy entrance/ exit
3. Been operating in the same premises for more than 25 years
- Premises Details:
-
Perfectly positioned stand alone 420m2 building on a main arterial road into/out of Durban CBD, which is owned by the seller & available for rent (R23 000pm plus 8% escalation).
Business Operation
- Reasons for selling:
-
Owner requires his time & funding in his other venture
- Employees:
- 3 plus a 2 day casual for cleaning
- Years established:
- 25 ++
Other Information
- Relocatable:
- This business can be relocated.
