About this Business: This company specialises in business related to the Automotive trade and Vehicle Sales industry.
History: Established in the 90’s as a family business. The current member/owner fulfils all roles related to day to day business and management of this going concern.
Staff: All employees skilled and loyal. Potential manager identified to run site whilst the new owner relocates.
Scalability: The business is scalable without additional licence applications and minimal capital outlay. The property is leased but has sufficient space for expansion.
Figures: Turnover exceeds R2mil per annum with a Nett expected income circa R670k per annum. Ave GP for last 3 years is a brilliant 98%.
Reason for Selling: Relocating to the West Coast of Africa.
Selling Price: R3,300,000.00 ex VAT