Unique Opportunity to Purchase a long-established business that provides an “in demand” service to the automotive supply chain.
This business has traded very successfully for the better part of the last decade and due to the unfortunate death of one of the past owners. This now presents an excellent for a new owner to step in and take this business to the next level.
Although technical in nature, the new owner does not need prior experience in the industry as it can be quickly learnt and the business has a strong floor manager in place who is very knowledgeable.
The Asking price for the business is R4m (Excl stock and Vat) or alternatively, the seller is willing to negotiate a lower upfront payout with an earn-out.
The future for the business looks very bright with several long-term contracts in place that will be sold with the business.
This business is certainly worth a look!
|Staff:||14 Staff Members|
|Asset Value:||R 600,000.00|
|Cash Flow:||R 400,000.00|
|End of Current Lease:||2023|
|Years Established:||13 years|
|Stock/Inventory Value:||R 500,000.00|
|Trading Hours:||Mon - Fri 08:00 to 17:00|