Location, location, location, – This is a Gem of a store.
Voted one of the top 10 stores.
Car Service City’s Constantia opened in 2013. Committed to living the Car Service City ethos of being customers’ top choice in motor service, repairs and support.
Graeme has built a workshop that always puts you first. We’re the first choice when it comes to quality, affordable service always guaranteed!
Car Service City is a nationwide, award-winning network of over 80 servicing and repair workshops for all makes & models of cars and bakkies.
Established in 2004, by founder and Franchisor, Grant Brady, Car Service City is one of three companies under the Car City Holdings umbrella.
Great opportunity to purchase a well-established and profitable Franchise, that has proven success and shows steady consistency.
Although there are no formal Financials, all figures provided are verifiable against the Point-of-sale system and Invoices
The sale price has been discounted due to Revamp which needs to be done by roughly R300k and a joining fee of R100k
We are using the normal rule of thumb to value this business, simply because of its location, and the proven success.
All financial information can be verified once an offer has been accepted as part of Due Diligence.
The valuation has been calculated as follows:
EBIDTA 2022 = R1,036,705. based on Actual T/O, GP and Average monthly Expenses
Net Profit Year ended 2022= R 1,036,705
Multiplied by P/E of 3
Value = R 3,110,116
Discounted for quick sale @ R1.9 million
Includes all Assets, staff, training, handover
Excludes Franchise Joining fee, Revamp cost and Rental Deposit For full