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Automotive business for sale with repair workshop and building Sold

R1,750,000

Business Description

This automotive business for sale comprises a repair workshop and building.  The workshop offers trained and managed staff.  The business is located in a light industrial park in the Northern Suburbs of Cape Town.

With current ownership in a seller planning on emigrating, this sale will ideally include both the workshop and the building, but will consider the separate sale of the automotive business on the condition that the purchaser enters into a lease for at least 3 years.

 

Business Details

  • Property ID: PER097
  • Price: R1,750,000
  • Turnover: R5.78mil
  • Actual Profit/Year: R786k
  • Turnover range: R5mil - R7mil
  • Profit range: R750k - R1mil

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owners Emigrating
  • Business history: 14 years
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: Negotiable
  • Premises Details: R750 sqm workshop plus Office plus off-street parking
  • Rent & lease terms: R35 000 / Lease is negotiable
  • ASSETS AND STOCK:

  • Assets included in sale: Yes, excluding the building
  • Value of assets: Equipment and Vehicle R430 = Building R5 million
  • Stock included in sale: No
  • Value of stock: R100 000
  • GENERAL COMPANY INFO:

  • Employees: 9 employees
  • Trading hours: 8-4:40 X 5 days/week
  • Support & training: Full Support & Training
  • Business Address

    • City: Cape Town
    • Neighborhood: Northern Subburbs
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Phillip Rutherford
    0824941913
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