This business is a well-known establishment situated within a 160Km radius or within 2 hours drive from Johannesburg and Pretoria. The asking price of R 7 000 000.00 will include the premises or building, but will exclude VAT.
This is also the only auto body repair shop in the area with a captured market and they specialize in major and non-structural repairs of light auto vehicles including light delivering vehicles with BVM up to 3500kg’s. They were established in 1985 as a family business and have grown over the years with a very good reputation. They are also contracted with all major insurance companies like Santam, Old Mutual, Hollard etc.
Their personnel consist of qualified journeymen, body shop assistants and general workers. They are also registered at the RMI (Retail Motor Industry South Africa) and a member of the MIBCO (Motor Industry Bargaining Council).
It is a level 4 contributor to B-BBee (Exempted Micro Enterprise < R 10 million annual turnover) and they are an empowered supplier. They are able to do digital assessments and have the necessary equipment. Their paintwork carry a lifetime guarantee and the parts used have a manufacturers guarantee with a market-related pricing policy in place.
The owners have decided to sell as they would like to spend more time with their children as some of them work and live abroad. We have an agreement in place with the owner, that we will only forward financial information to potential buyers that can provide proof of funding and if you are interested in this business, then please contact Bertie van Deventer for a copy of the confidential agreement to protect both parties.
|Rental:||To be negotiated|
|Asset Value:||On Request|
|Cash Flow:||Very positive|
|Lease Terms:||To be negotiated|
|End of Current Lease:||On Request|
|Years Established:||45 Years.|
|Stock/Inventory Value:||On Request|
|Trading Hours:||Monday to Friday 08H00 - 17H00|