Sectors / Category

Annual turnover

  • Mandate: 21747
  • Added: 17 Apr 2019
  • AFS
  • 293

Gearbox Repair and Sales Centre

Gauteng, Pretoria
Mandate 21747
Added 17 Apr 2019
R 2,200,000* ZAR
Stock: R 0
Assets: R 250,000
R 78,585 ZAR
Bronwen Barnard
Aldes Focus

Gearbox repairs and sales business for sale in Pretoria The business is very well established and has a great name and reputation. Technical knowledge is not a prerequisite but would be an advantage.

Gearbox Repair and Sales Centre
R 2,200,000* ZAR
Stock: R0
Assets: R250,000
R 78,585 ZAR

Gearbox repairs and sales business for sale in Pretoria The business is very well established and has a great name and reputation. Technical knowledge is not a prerequisite but would be an advantage.

To gain access to more business info
please supply us with your details below

Fully describe the business's activities?
Gearbox repairs, maintenance, and sales, this business focuses and specialises in automatic gearboxes and has developed quite a good reputation with the public and dealerships. They also do clutch repairs and spares sales.

How long has the business been established?
The business was started in 2008.

How long has the owner had the business?
The owners bought the business in 2013.

How does the business operate on a daily basis?
This is a family run business. They have recently employed a new staff member who will be able to attend to the general management of the business and also help with the repairing of the gearboxes.

How are the clients attracted to the business?
A lot of their clients are regular customers, dealerships and other businesses. They have a good reputation in the industry and a great deal of their marketing is through word of mouth.

What Advertising/Marketing is carried out?
They have a website, social media pages and has also been doing Google Adwords. The business is very well situated and has extensive outside advertising in place.

Does the business have any contract work?
No, but there are car dealerships and workshops that use them for all there gearbox work on a regular basis.

What competition exists?
Even though there is specifically a competitor close by, there is an extremely good working relationship between the parties to each parties advantage and the benefits this relationship and proximity far outweigh any potential negative impact.

What are the seasonal trends?
Busy the whole year and peaking before the holidays.

Is the business VAT Registered?
Yes the business is a VAT-vendor and all documentation is with the accountant.

Are there up-to-date Management Accounts available?
The owner has provided me with the last year's in-house management accounts.

What percentage of the business is cash/credit?
Most of the payments are via EFT with minimum cash payments.

What is the age analysis of the debtors book?
The business requires at least 50% upfront deposit before doing any work.

How could the profitability of the business be improved?
More marketing can be done and also doing spares sales.

Is Seller finance available and for what amount?

What percentage of of the business is cash/credit
Cash - 25%, EFT - 75%

What is the total staff complement?
9 - Including the owner and her sons. They have already employed a new staff member to take the current responsibility of the sons.

Do any receive special perks or incentives?
All staff receive a basic salary.

Do any have management potential?
Yes - They have employed someone to attend to the general management of the business.

How involved is the Owner in running the business?

Give a breakdown of staff/functions/length of service
1 x Manager/Gearbox builder, 4 x Mechanics/Fitters, 1 x Workshop Cleaner, 1 x General cleaner (part time)

When does the current lease end?
Currently, the lease is on a month-to-month basis.

What is the annual escalation %?

What are the trading hours?
Mon-Fri 7:00am-5:00pm, Saturdays only if required.

Is a copy of the lease available?

What lease deposit and/or other surety is required?
One months rental.

What is the square meterage of the business
+- 500m2 Under Roof, +-500m2 - Open

What are the main assets of the business?
The owner provided us with a full asset list.

Are any items not included in the sale?
Everything will be included in the sale except one personal vehicle.

What is their overall condition?
Good, except for one lift which is not being used.

How have they been valued ?
Owners valuation used.

Which assets are on lease/HP and with whom?

Are they presently insured?
The owner has comprehensive business insurance.

Is a full asset list on file
Yes with the Seller

How have they been valued.
Replacement value/Second Hand

- Well placed area wise. -Good pricing -Good quality and great service. - Have solid commercial relationships with a substantial no of workshops and dealerships and regular clients - Trained Staff.

None identified

Huge demand in the market for gearbox repairs that are done correctly and properly priced.

None identified

What is the reason for the sale?
The owner is in the process of relocating.

What is the brokers valuation?

Other listings by Bronwen
R 3.20MZAR
Added : 15 May 2019 80
Yearly profit : R1,203,997
Added : 25 Apr 2019 325
Yearly profit : R1,188,784
Added : 8 Apr 2019 653
Yearly profit : R935,588

Aldes Focus

5 members
27 active mandates
Menlyn Woods Office Park Office Block C 291 Sprite Street Faerie Glen

Our experienced cross industry brokers are
waiting to assist and guide you…

Similar Businesses for sale

Discover similar, inspiring businesses for sale

R 2.70MZAR
Added : 11 Apr 2019 364
Yearly profit : R921,101
R 2.30MZAR
Added : 9 Apr 2019 351
Yearly profit : R1,412,503
R 2.80MZAR
Added : 27 Mar 2019 273
Yearly profit : R1,296,380
R 1.23MZAR
Added : 25 Mar 2019 537
Yearly profit : R487,179
R 1.18MZAR
Added : 1 Mar 2019 425
Yearly profit : R561,160
R 1.49MZAR
Added : 27 Feb 2019 283
Yearly profit : R636,179
R 3.30MZAR
Added : 29 Jan 2019 302
Yearly profit : R909,289
Western Cape
R 1.50MZAR
Added : 22 Nov 2018 1576
Yearly profit : R1,072,318
North West

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

Added : 25 May 2019 6
Yearly profit : R206,980
Added : 24 May 2019 84
Yearly profit : R177,922
R 1.25MZAR
Added : 22 May 2019 800
Yearly profit : R595,131
R 1.55MZAR
Added : 21 May 2019 83
Yearly profit : R561,670
R 1.73MZAR
Added : 16 May 2019 135
Yearly profit : R441,653
R 2.30MZAR
Added : 13 May 2019 103
Yearly profit : R736,690
R 1.10MZAR
Added : 12 May 2019 222
Yearly profit : R366,811
Added : 3 May 2019 261
Yearly profit : R16,435