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HI-Q Fitment Center In Dr Beyers Naudé Municipality For Sale

Dr Beyers Naudé Local Municipality, Eastern Cape, South Africa
Asking Price:
R2,750,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R4,594,000
Cash Flow:
R740,388

Hi-Q... We offer a full range of multi-branded tires from top brands like Goodyear, CEAT, Pirelli, Michelin, Bridgestone, and Continental.
Our expert team provides great advice and professional services, including tire fitment, wheel alignment and balancing, while our wide product range includes brakes, shocks, batteries and more.
With something for every South African driver, we ensure your vehicle gets the care it needs. Visit Hi-Q today for trusted service, expert care, and quality products you can rely on.
Services on Offer:
Brakes
Breakdown Services
Exhausts
Run Flats
Shocks
Suspension
Tow bars
Mag Wheels (Rims)
Mag Repair and Refurbishment
Passenger, 4x4 and Truck Tires

Property Information

Real Estate:

Lease

Lease Terms:

5 plus 5 years with market related escalation

Leasehold Rent:

R334,200 per annum

Location:

Eastern Cape within Dr Beyers Naudé Local Municipality boundaries

Premises Details:

The land & Buildings are for sale at a bargain price of R4.8m

Size in square feet:
1,000 m2
Planning Consent:

Full consent

Business Operation

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

Lots of growth potential

Competition / Market:

Major operator in the town

Reasons for selling:

Personal. Will be divulged to serious buyer

Trading hours:

Mondays to Fridays 07h00-17h00; Saturdays 07h00-12h00 & Sundays closed

Employees:
Standard compliment
Years established:
10

Franchise Information

Franchise opportunity:

Franchise Resale

Franchise terms:

No fee on T/O. Marketing & Promotion fee of +/- R9,000 p.m.

Other Information

Support & training:

Full support will be provided from owner and HI-Q

Financing available:

Buyer needs to bring 50% of purchase price in unencumbered funds to the table

Furniture / Fixtures value:
R2,000,000 - included in the asking price
Inventory / Stock value:
R80,000 - included in the asking price
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