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Long Established Panel Beaters In Cape Town For Sale

Cape Town, Western Cape, South Africa
Asking Price:
R400,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R1,000,000
Cash Flow:
R100K - R500K

This well-known business is situated in a popular industrial park in the northern suburbs
The current owner has been hands on for the past 25years and is now retiring.
A regular clientele and contracts with insurance companies make this the ideal opportunity to inject new energy and to take this business to the next level.
Annual Turnover: R1 million
Equipment & Furniture: R240 000 (Included in selling price.)
Stock value: R10 000 (Included in selling price.)
Staff: 2 trained staff
Opportunities: Marketing, New contracts, Improved time to quote and repair
Selling Price: Bargain at only R400 000 (Negotiable)
Owner Takings: R180 000
Reason for selling: Owner Retiring

Property Information

Real Estate:

Lease

Lease Terms:

Lease renewable by new owner

Leasehold Rent:

R276,000 per annum

Location:

Situated in a popular industrial park in the northern suburbs

Premises Details:

Street facing workshop

Business Operation

Expansion Potential:

Huge potential to expand - contracts,taxis,etc

Competition / Market:

Limited competition in immediate area

Reasons for selling:

Owner retiring

Trading hours:

Mon - sat

Employees:
2
Years established:
25 years

Other Information

Support & training:

Full handover will be provided

Furniture / Fixtures value:
R240,000 - included in the asking price
Inventory / Stock value:
R10,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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