Close

Choose your country

Or view all businesses for sale

Worldwide

Advertisement

Full Turnkey OEM Automotive Dealership For Sale

Brackenfell, Paarden Eiland, Wellington, Salt Rive, Western Cape, South Africa
Asking Price:
R2,995,000 Inventory / Stock included
Turnover:
R3M - R8M
Net Profit:
R1.5M - R3M

A complete, turnkey automotive operation bringing together LDV vehicle retail, a CARtime service & repair workshop and EVmotion capability under VectraGroup.

NATIONAL NETWORK AND SUPPORT

The opportunity is backed by CARtime’s national network of more than 60 workshops across South Africa. This gives the business access to an established countrywide automotive infrastructure, including recognised national branding, workshop systems, training, supplier relationships and ongoing operational support. The buyer steps into a local, multi-service automotive hub connected to a network that has a successful proven track record on a national scale for over 27 years.

NATIONAL BUYING POWER

As part of the VectraGroup and the wider CARtime network, the business benefits from the buying power of a national operation. Established relationships with national suppliers offers you competitive pricing, stronger purchasing terms and reliable access to the parts, products and services the business needs. The group advantage supports day-to-day costs and gives the buyer the benefit of supplier relationships built across a network of more than 60 workshops.

An opportunity to acquire a complete automotive operation that brings several complementary services together at one location.

The VectraGroup opportunity combines:

  • An LDV showroom and new-vehicle retail operation
  • A CARtime service and repair Service Centre
  • EVmotion electric-vehicle service capability

Together, these businesses create a convenient automotive destination where customers can purchase a vehicle, access ongoing servicing and repairs and receive EV-related support.

The CARtime workshop benefits from an established national franchise platform, including workshop operating systems, training, supplier relationships, customer engagement tools and ongoing operational support. The LDV retail operation adds a vehicle sales channel, while EVmotion positions the site to participate in the growing electric-vehicle service market.

The opportunity is being offered as a complete setup for R2,995,000 with R800,000 in working capital identified for the business. The final information pack will set out the assets, equipment, stock, agreements and other inclusions in detail.

This is an opportunity for an investor or hands-on operator looking to acquire their own multi-faceted automotive business under the support of VectraGroup’s brands and operating experience.

Property Information

Real Estate:

Lease

Lease Terms:

5-year lease with option to renew.

Location:

We have a variety of locations pre-selected in the Western Cape as follows: Brackenfell, Paarden Eiland, Wellington, Salt River, Parklands.

Premises Details:

Prime main road location with high visibility and passing traffic with Retail glass shop and full workshop capacity.

Size in square feet:
850

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

This business can be relocated

Competition / Market:

There are numerous competitors in the automotive aftermarket sector, however, CARtime boasts 27 years of a homegrown brand that has stood the test of time with a grown network of branches.

Reasons for selling:

The Franchisor is expanding its Western Cape network.

Trading hours:

07:30 - 17:30 Mon - Fri
08:00 - 13:00 Saturday

Employees:
7
Years established:
27

Other Information

Support & training:

A CARtime Franchise is backed by a dynamic and innovative head office management team. The new franchisee will undergo 4 full weeks of rigorous franchise training by the franchisor, as well as hand-holding, as well as a support infrastructure to equip you to takeover and grow this store.

Financing available:

Owner must have 75% of total cost available in unincumbered cash, 25% is available through Franchise funding.
Floor plan finance for retail sales is done through Westbank.

Furniture / Fixtures value:
R1,500,000
Inventory / Stock value:
R50,000 - included in the asking price