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  • Mandate: 29353
  • Added: 31 Aug 2015
  • 2161

Highly Profitable Tyre and Exhaust Fitment Center in Limpopo.

Limpopo, Limpopo
2161
Mandate 29353
Added 31 Aug 2015
R 4,180,000* ZAR
Stock: R 0
Assets: R 0
R 125,000 ZAR
Aldes Head Office
Aldes Head Office
Gauteng
Summary

This is a a well established and profitable Tyre and exhaust fitment center situated in Limpopo. Competition is limited in the town and there are opportunities to improve profit

Highly Profitable Tyre and Exhaust Fitment Center  in Limpopo.
SELLING PRICE
R 4,180,000* ZAR
Stock: R0
Assets: R0
R 125,000 ZAR
Summary

This is a a well established and profitable Tyre and exhaust fitment center situated in Limpopo. Competition is limited in the town and there are opportunities to improve profit

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Fully describe the business's activities?
Tyre and Exhaust Fitment centre. Wheel Alignment. Wheel balancing. Towbar fitment centre. Shocks fitment centre. E-car centre. Jonway Motorcycle Dealer. Recovery centre. (Microdotting) 2nd hand Car dealership.

How long has the business been established?
30 Years

How long has the owner had the business?
12 Years

How does the business operate on a daily basis?
The Business is managed by the owner and his wife on a daily basis.

How are the clients attracted to the business?
The business is situated in the Main street and has a well established name in the community.

What Advertising/Marketing is carried out?
Basicaly word of mouth.

What competition exists?
There are two other fitment centres in town.

Is the business VAT Registered?
Yes.

What VAT documentation is on file?
Available for serious buyers.

Are there up-to-date Management Accounts available?
Only available for serious and pre-approved clients.

What Balance Sheet and Income Statements are available?
Only available for serious and pre-approved clients.

What percentage of the business is cash/credit?
30% Credit.

What is the age analysis of the debtors book?
Mostly 30 days.

How could the profitability of the business be improved?
With better and more active marketing, the business can be improved a lot.

What is the total staff complement?
8

Give a breakdown of staff/ functions/ length of service?
Manager (owner) Admin (owner's wife) 6 Fitment guys.

Are they on contract?
Yes.

How involved is the Owner in running the business?
Daily.

When does the current lease end?
Building included in the sale.

What are the trading hours?
07h00 to 17h00

What is the square meters of the business?
Stand is 1998 m2. 819m2 under roof.

What is their overall condition?
Good.

Do any require repairing?
No.

How have they been valued ?
Owner valued.

Is a full asset list on file?
A full asset list will be available to serious and pre-approved buyers.

Strengths?
Business is well established and operational for over 30 years. It is situated in the main street.

Weaknesses?
Owner wants to retire and dont do extra effort on marketing etc.

Opportunities?
New owners can improve marketing.

Threats?
Not any.

What is the reason for the sale?
Owner wants to retire.

Why is this a good business?
The business is a well established business in a small town with not to much competition. It is well-known for its good service. It is a diverse business with different sales and services and not depending on only one or two lines of income.

What is the price plus stock and the net profit?
The price for the Business is R5 280 000 plus stock and includes the property. Nett profit is around R100k to R150k per month.

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FRANCHISE DETAILS

Aldes Head Office

2 members
26 active mandates
Gauteng
282 Fremontia Street
0040

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