This business is part of a franchised group with close to 80 franchises across the country and the brand was first established in 2004.
The business operates from well equipped, leased premises in a very user-friendly secure shopping complex that has experienced virtually no loadshedding to date.
The owner is not “mechanical” and the day-to-day operations are managed by four very experienced and well- trained staff. Although they specialise in the servicing of motor vehicles, they are equally capable of performing virtually any mechanical repair. They are also RMI (Retail Motor Industry) approved and comply with all their requirements.
They have built up a solid reputation with both private individuals and business and they have also concluded agreements with a number of local businesses as well as various Warranty Companies, Fleet Servicing Companies and Mobicredit.
The business had an unfortunate start, opening at the beginning of Covid and there have been a few other challenges out of their control since then. They are now trading at a basic break even with enormous potential going forward for the right buyer.
The owner wants to relocate which creates a perfect opportunity for a serious (not necessarily “mechanical”) buyer to purchase an established business in a prime location.
The asking price is R1,495,000 excluding VAT, Stock is minimal as parts are obtained on an in-need basis.