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Vehicle Auto Coding And Vehicle Repair Shop For Sale

Montague Gardens, Cape Town, Western Cape, South Africa
Asking Price:
R1,650,000 Furniture / Fixtures included
Sales Revenue:
R1,613,600
Cash Flow:
R837,622

Established vehicle auto coding and repair shop in a busy business and industrial area is for sale.

They specialise in the following:

- Auto coding

- General services, repairs and engine rebuilds

- Body dent removal and spray painting

- Diagnostics

- Key replacement

and various other offerings.


This opportunity would suit an owner operator with some experience in the industry.


TO per annum - R 1 600 000

Net per annum - R 837 000


This is a great opportunity to hit the ground running and expand on this business. Owner is prepared to stay on for up to 6 months.

Property Information

Real Estate:

Lease

Lease Terms:

Annual lease with a 6% escalation

Leasehold Rent:

R270,000 per annum

Location:

The business is well located situated just off a very busy high street in the industrial and business hub of Montague Gardens.

Premises Details:

The premises is well suited for this particular business with outside parking included.

Size in square feet:
385sqm

Business Operation

Expansion Potential:

There is plenty room for expansion. The current owner has never done any form of marketing and advertising for this business since its inception.

Competition / Market:

There is no competition on the auto coding side of the business however there is competition on the panel shop

Reasons for selling:

Owner would like to leave the country

Trading hours:

9am - 6pm Mon - Fri
9:30am - 13:30pm - Sat

Employees:
4
Years established:
10

Other Information

Support & training:

The owner will provide training and will be prepared to stay on for 6 months. Would suit someone with some coding or electrical experience.

Furniture / Fixtures value:
R1,500,000 - included in the asking price
Inventory / Stock value:
R1,300,000
Relocatable:
This business can be relocated.