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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.
Lease
Expires 1June2021 with a 8% annual escalation
R295,800 per annum
Perfectly located in the commercial and light industrial area close to the car dealers and motor industry.
Very real expansion opportunities exist which will take the business to a much higher level
Owner retiring
Mon - Fri 07h00 - 16h30
The Seller will remain in the business for as long as required to train the purchaser and hand over the business
R900,000 will be financed by the owner over 24 months at 12% interest
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