Sectors / Category

Annual turnover

|
  • Mandate: 31031
  • Added: 31 Mar 2017
  • 1360

Fitment Centre in booming town just outside East Rand

Mpumalanga, Mpumalanga Other Areas
1360
Mandate 31031
Added 31 Mar 2017
R 1,430,000* ZAR
Stock: R 0
Assets: R 100,000
R 61,842 ZAR
Driekie Louw
Aldes Focus
Gauteng
Summary

Great location. Little competition. Loyal staff. Returning customers. Well known franchise.

Fitment Centre in booming town just outside East Rand
SELLING PRICE
R 1,430,000* ZAR
Stock: R0
Assets: R100,000
R 61,842 ZAR
Summary

Great location. Little competition. Loyal staff. Returning customers. Well known franchise.

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

Fully describe the business's activities?
Franchised service centre workshop with main function on services and repairs. Full check is done on vehicle and quote is given. Diagnostic equipment available to detect faults quickly. Affordable prices on services. Focus mainly on customers whose vehicle maintenance plan have expired.

How long has the business been established?
Since 2005.

How long has the owner had the business?
Owner took over the business in 2007.

How does the business operate on a daily basis?
The business has regular clients. Cars are serviced according to specified kilometers. Full check is done and client quoted for job. Spares are ordered per job. Spares are delivered daily.

How are the clients attracted to the business?
Franchisor advertises nationally. Customer Care Line where feedback can be given. Great service provided to ensure return clients and word of mouth

What competition exists?
Only one of three workshops in the area. Other two are Nissan and Toyata and customers feel they are too expensive.

Is the business VAT Registered?
No.

Are there up-to-date Management Accounts available?
All daily sales, monthly turnovers, cost of sales, gross profit monthly are up to date. The computer system in use from the franchise keeps a good record of the figures and send to Head Office on month ends.

What percentage of the business is cash/credit?
About 20% cash and the rest EFT and Debit cards.

How could the profitability of the business be improved?
More marketing can be done.

What is the total staff complement?
Total staff is 5 including owners.

Give a breakdown of staff/ functions/ length of service?
1 x Cleaner/car washer - 9 years 1 x Non Qualified mechanic - 8 years 1 x Qualified mechanic - 3 years

Are they on contract?
All staff is on contract

Do any have management potential?
Qualified mechanic does have potential to become manager.

How involved is the Owner in running the business?
Owner and wife is involved on a daily basis.

When does the current lease end?
Ongoing lease.

What are the trading hours?
Monday to Friday 7:00 - 17:00 and Saturdays 8:00 - 13:00

What is the square meters of the business?
Approximately 700 sq/m

Is a copy of the lease available?
Yes, a copy is available from owner.

What are the main assets of the business?
Full asset list available including diagnostic equipment.

What is their overall condition?
Assets are 9 years old but still in good working condition.

Are they presently insured?
No.

Strengths?
Well established business that is well known in the area and part of a very strong franchise group. Excellent training and support is provided by franchisor.

Weaknesses?
Long trading hours. Owner needs to be involved.

Opportunities?
The town is rapidly expanding with five new mines that opened.

Threats?
None were identified.

What is the reason for the sale?
Owners wish to retire and relocate to Cape Town

Why is this a good business?
Good systems in place. Loyal staff. Longstanding and repeat customers. Room for growth.

Other listings by Driekie
R 1.90MZAR
Added : 26 Nov 2018 398
Yearly profit : R1,255,905
Gauteng
R 1.50MZAR
Franchise
Added : 22 Nov 2018 996
Yearly profit : R1,072,318
North West
R 2.99MZAR
Franchise
Added : 16 Nov 2018 235
Yearly profit : R844,390
Gauteng
FRANCHISE DETAILS

Aldes Focus

4 members
25 active mandates
Gauteng
282 Fremontia Street
0081

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

Similar Businesses for sale

Discover similar, inspiring businesses for sale

R 750KZAR
Added : 23 Jan 2019 38
Yearly profit : R1,200,000
SA Countrywide
R 1.02MZAR
Added : 21 Jan 2019 58
Yearly profit : R549,705
Western Cape
R 1.50MZAR
Franchise
Added : 22 Nov 2018 996
Yearly profit : R1,072,318
North West
R 1.75MZAR
Franchise
Added : 28 Aug 2018 220
Yearly profit : R431,256
Western Cape
R 1.13MZAR
Added : 18 Nov 2017 1207
Yearly profit : R275,578
Gauteng
R 1.30MZAR
Franchise
Added : 8 Dec 2016 2868
Yearly profit : R357,566
KwaZulu-Natal

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

R 500KZAR
Added : 23 Jan 2019 32
Yearly profit : R72,202
Gauteng
R 1.83MZAR
Added : 19 Jan 2019 142
Yearly profit : R928,728
Gauteng
R 1.85MZAR
Added : 19 Jan 2019 107
Yearly profit : R1,461,470
Gauteng
R 1.00MZAR
Added : 16 Jan 2019 183
Yearly profit : R340,727
Gauteng
R 650KZAR
Added : 10 Jan 2019 182
Yearly profit : R286,467
Gauteng
R 590KZAR
Added : 9 Jan 2019 137
Yearly profit : R93,456
Gauteng
R 350KZAR
Franchise
Added : 13 Dec 2018 513
Yearly profit : R211,595
Gauteng
R 990KZAR
Added : 12 Dec 2018 579
Yearly profit : R442,259
Gauteng