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Annual turnover

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  • Mandate: 31862
  • Added: 15 Feb 2018
  • AFS
  • 696

A established Car CV repair and fitment center in Pretoria

Gauteng, Pretoria
696
Mandate 31862
Added 15 Feb 2018
R 2,700,000* ZAR
Stock: R 0
Assets: R 43,630
R 130,271 ZAR
Johan Mouton
Aldes Jacaranda
Gauteng, Centurion
Gauteng, Centurion
Summary

This motor car CV repair is well known in Pretoria. This business is known specialists in this market segments. All motor car makes and models can be serviced and repaired at their work shop.

A established Car CV repair and fitment center  in Pretoria
SELLING PRICE AFS
R 2,700,000* ZAR
Stock: R0
Assets: R43,630
R 130,271 ZAR
Summary

This motor car CV repair is well known in Pretoria. This business is known specialists in this market segments. All motor car makes and models can be serviced and repaired at their work shop.

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Fully describe the business's activities?
This business spesialize in the replacement,repair and service of all motor car models CV,s. They are very well known in the Pretoria area and is 26 years in the business. They have a huge client base .

How long has the business been established?
The business was established in 1992.

How long has the owner had the business?
The current seller established the business in 1992

How does the business operate on a daily basis?
Services,repairs and fittment of there products are done on a daily bases. Local Motor workshop buys and send CV for repair . New and secondhand products are sold daily

How are the clients attracted to the business?
This business is well establish and suported by current client base Word of mouth and their exceptunal service atttract clients to the business.

What Advertising/Marketing is carried out?
Mostly Yellow pages.

Does the business have any contract work?
No

What competition exists?
Some in the area but none that spesialize in repair,fitment and sell of CV

What are the seasonal trends?
Hollidays show a trend of increase of sales

Is the business VAT Registered?
Yes

What VAT documentation is on file?
Will supplied on request

Are there up-to-date Management Accounts available?
Yes

What Balance Sheet and Income Statements are available?
Yes

What percentage of the business is cash/credit?
about 60/40 % cash card sales

What is the age analysis of the debtors book?
Cash business.

How could the profitability of the business be improved?
A better local store marketing plan

Is Seller finance available and for what amount?
No

What is the payback period?
N/A

What is the total staff complement?
4 staff members

Give a breakdown of staff/ functions/ length of service?
4 CV fitters

Do any receive special perks or incentives?
No. They are well paid

Are they on contract?
Yes

Do any have management potential?
No

How involved is the Owner in running the business?
Daily on site with al aspects of the business

When does the current lease end?
The current lease ends 2020

Is there an option of renewal & what period?
Yes.

What is the annual escalation %?
8%

What are the trading hours?
Monday to Thursday from 8h00 to 16h30 Fryday from 8h00 to 15h00 Saterday from 8H00 to 12h00

What is the square meters of the business?
302 sqm

Who is the Owner/Landlord?
N/a

Is a copy of the lease available?
Yes on request

Do you require a licence?
No

What lease deposit and/or other surety is required?
1 month in advance

What are the main assets of the business?
Muchines,stock,consumibles etc

Are any items not included in the sale?
No sold as lock stock and barrel

What is their overall condition?
Well maintained.

Do any require repairing?
No

How have they been valued ?
Owners valued

Which assets are on lease/HP and with whom?
None

What are their settlement amounts?
N/A

Will Seller settle or Buyer to take over?
No

Are copies of agreements available?
N/A

Are they presently insured?
Yes

Strengths?
This business is well established Have a good well established client base Well known brand name Good rental contract. and is easy to reach

Weaknesses?
Local stor marketing plan is needed to increace untapped clients.

Opportunities?
New type on industry related products could in crease and make a stronger market sigment.

Threats?
None we can preceive

What is the reason for the sale?
Owners are on retirement age

Why is this a good business?
Good establihed,profitablie business with a strong brand name.

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FRANCHISE DETAILS

Aldes Jacaranda

2 members
29 active mandates
Gauteng , Centurion
5 Edenvilla 80 Cambridge Road Clubview Centurion 0157
Centurion
0181

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