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Specialist Vehicle Repair Shop In Margate For Sale

Margate, KwaZulu - Natal, South Africa
Asking Price:
R8M - R15M Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
R1.5M - R3M
Cash Flow:
R100K - R500K

Margate KZN - Established brand name, well renowned and respected specialist vehicle repair shop, engineering shop and refurbishment centre, going concern with long lease available. Sold with all furniture and fittings, tools, plant and equipment and all intellectual property. Huge load of classic VW Beetle inventory on hand, new, refurbished and used. Well established client base with frequent repeat business and continual new business enquiries. The business has been in the same town for 45 years and at the same current location for 36 years. Competent and knowledgeable staff many with 5 + years experience. Insurance total loss estimated at 16 million rand.
Current owners looking to retire, all serious offers considered.

Property Information

Real Estate:


Lease Terms:

To be renewed buy new owner - Business is currently considered to be an anchor tenant.

Leasehold Rent:

R315,000 per annum


Business Complex - Off Main Road

Premises Details:

Industrial Complex - Shop1 & 2 are approximately 600 sqm under roof, the yard is approximately 150 sqm.

Business Operation

Expansion Potential:

Global Export of finished products. Inclusion of more modern technology.

Competition / Market:

Classis Car Restorers

Reasons for selling:


Trading hours:

07h30 - 16h30 Monday to Friday

Years established:

Other Information

Support & training:

Hand over period to be discussed

Furniture / Fixtures value:
R1,450,000 - included in the asking price
Inventory / Stock value:
R1,500,000 - included in the asking price
This business can be relocated.