Sectors / Category

Annual turnover

|
  • Mandate: 33436
  • Added: 11 Sep 2019
  • AFS
  • 348

Vehicle repairs and services - Well Known Franchise

Gauteng, Pretoria
348
Mandate 33436
Added 11 Sep 2019
R 1,450,000* ZAR
Stock: R 0
Assets: R 600,000
R 54,973 ZAR
Driekie Louw
Aldes Focus
Gauteng
Summary

Repairing all kinds of vehicles that are out of their motor plans Good staff and manager run

Vehicle repairs and services - Well Known Franchise
SELLING PRICE AFS
R 1,450,000* ZAR
Stock: R0
Assets: R600,000
R 54,973 ZAR
Summary

Repairing all kinds of vehicles that are out of their motor plans Good staff and manager run

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

Fully describe the business's activities?
This franchise services and repairs all kind of vehicles. Currently run by Head Office with the aim of finding a hands on owner. Newly established this business has been growing from month to month. This branch has year’s worth of a customer base and is doing better every month and well above the projections

How long has the business been established?
The business was franchised in June 2019 and prior to this also operated as a fitment center under a different name.

How does the business operate on a daily basis?
The business operates daily with the manager opening and closing. Walk in trade is welcomed as well as clients phoning in to receive quotes.

How are the clients attracted to the business?
Pamphlets are dropped off at traffic lights in the near vicinity.

What Advertising/Marketing is carried out?
Franchisor markets the brand on a national level

What are the seasonal trends?
The business is in a growing phase.

Are there up-to-date Management Accounts available?
Management accounts from June 2019 is available.

How could the profitability of the business be improved?
Owner involvement.

What is the total staff complement?
12 Staff members

Give a breakdown of staff/ functions/ length of service?
1 x Manager 1 x Receptionist 1 x Qualified Mechanic 2 x Assistant Mechanics 1 x Cleaner 6 x Flyer guy

Do any receive special perks or incentives?
Salaries only

Are they on contract?
Yes

How involved is the Owner in running the business?
This is a Head Office run store.

When does the current lease end?
March 2024

Is there an option of renewal & what period?
Yes for one years upon the same terms and conditions

What is the annual escalation %?
7%

What are the trading hours?
Monday to Friday from 07:00 - 17:30 Saturday from 08:00 - 13:00

What is the square meters of the business?
290 sq/m

What lease deposit and/or other surety is required?
Three months deposit

What are the main assets of the business?
Lifts, diagnostic machine and loose tools

Strengths?
Well known and strong franchise with good support from Head Office Well trained staff Growing monthly Good premises with a history of servicing vehicles

Weaknesses?
Head Office run store and needs owner involvement

Opportunities?
Owner involvement

Threats?
None

What is the reason for the sale?
The store is run by Head Office and franchisor would rather like a hands on owner to take over.

Why is this a good business?
Easy to operate with tried and tested methods in place

What is the price plus stock and the profit?
R1 450 000 including stock of about R15 000

Other listings by Driekie
R 299KZAR
Added : 27 Jan 2020 0
Yearly profit : R335,400
Gauteng
R 3.20MZAR
Added : 24 Jan 2020 54
Yearly profit : R915,229
Gauteng
R 1.10MZAR
Added : 9 Dec 2019 788
Yearly profit : R1,095,134
Gauteng
FRANCHISE DETAILS

Aldes Focus

5 members
41 active mandates
Gauteng
Menlyn Woods Office Park Office Block C 291 Sprite Street Faerie Glen
0081

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

Similar Businesses for sale

Discover similar, inspiring businesses for sale

R 1.70MZAR
Added : 13 Jan 2020 72
Yearly profit : R334,415
Western Cape
R 1.25MZAR
Franchise
Added : 18 Nov 2019 798
Yearly profit : R486,277
Gauteng
R 1.65MZAR
Added : 2 Oct 2019 823
Yearly profit : R1,412,503
Gauteng
R 820KZAR
Added : 2 Oct 2019 401
Yearly profit : R176,187
Western Cape
R 935KZAR
Added : 26 Aug 2019 512
Yearly profit : R878,000
Free State
R 1.49MZAR
Franchise
Added : 27 Feb 2019 809
Yearly profit : R110,423
Mpumalanga
R 1.50MZAR
Franchise
Added : 22 Nov 2018 2411
Yearly profit : R1,072,318
North West

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

R 299KZAR
Added : 27 Jan 2020 0
Yearly profit : R335,400
Gauteng
R 1.40MZAR
Added : 26 Jan 2020 11
Yearly profit : R426,516
Gauteng
R 1.35MZAR
Added : 24 Jan 2020 59
Yearly profit : R947,708
Gauteng
R 1.22MZAR
Added : 22 Jan 2020 139
Yearly profit : R649,489
Gauteng
R 550KZAR
Added : 22 Jan 2020 678
Yearly profit : R311,931
Gauteng
R 1.50MZAR
Franchise
Added : 21 Jan 2020 4620
Yearly profit : R560,200
Gauteng
R 2.00MZAR
Added : 18 Jan 2020 121
Yearly profit : R866,921
Gauteng
R 1.60MZAR
Added : 16 Jan 2020 115
Yearly profit : R693,024
Gauteng