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Reduced To Sell Gearbox Exchange In Pretoria For Sale

Pretoria, Gauteng, South Africa
Asking Price:
R2,250,000 Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R4,486,000
Cash Flow:
R1,483,000

This company was established in 2008 and is well known and popular with the motor industry and walk in clients alike. It specialises in the servicing, fixing and rebuilding of gearboxes at a price much lower than the car manufacturers.

Included in purchase price are gearboxes and spares valued at R 850,000, computers tools & equipment valued at R 15,000 and a Bantam bakkie valued at R 40,000.

The staff are well trained and will stay with the new owner. The seller will stay on for as long as is necessary to train and assist the new owner.

Property Information

Real Estate:

Lease

Lease Terms:

Expires 1June2021 with a 8% annual escalation

Leasehold Rent:

R295,800 per annum

Location:

Perfectly located in the commercial and light industrial area close to the car dealers and motor industry.

Business Operation

Expansion Potential:

Very real expansion opportunities exist which will take the business to a much higher level

Reasons for selling:

Owner retiring

Trading hours:

Mon - Fri 07h00 - 16h30

Employees:
8
Years established:
11

Other Information

Support & training:

The Seller will remain in the business for as long as required to train the purchaser and hand over the business

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

R900,000 will be financed by the owner over 24 months at 12% interest

Furniture / Fixtures value:
R55,000 - included in the asking price
Inventory / Stock value:
R850,000 - included in the asking price
Relocatable:
This business can be relocated.

Contact Information

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