Sectors / Category

Annual turnover

|
  • Mandate: 34626
  • Added: 31 Aug 2021
  • AFS
  • 353

Vehicle Maintenance Business. Profitable. Well-established. Corporate Clients.

Gauteng, Johannesburg
353
Mandate 34626
Added 31 Aug 2021
R 1,850,000* ZAR
Stock: R 0
Assets: R 540,000
R 98,559 ZAR
Erich Haupt
(PRINCIPAL)
Aldes Optima
Gauteng
Summary

This vehicle maintenance business has been established for 20 years. Corporate clients with fleets. Good reputation. Well-known. Profitable. This business has given the owner a good lifestyle.

Vehicle Maintenance Business. Profitable. Well-established. Corporate Clients.
SELLING PRICE AFS
R 1,850,000* ZAR
Stock: R0
Assets: R540,000
R 98,559 ZAR
Summary

This vehicle maintenance business has been established for 20 years. Corporate clients with fleets. Good reputation. Well-known. Profitable. This business has given the owner a good lifestyle.

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

Fully describe the business's activities?
Specialists in fleet maintenance of corporate company vehicles - cars and bakkies. Also services and repairs trucks.

How long has the business been established?
The business has been established for 20 years.

How does the business operate on a daily basis?
There is a manager who opens and closes and helps oversee the everyday running of the business. Owner is involved and oversees the financial side of the business.

How are the clients attracted to the business?
Quick turn around time. Competitive pricing. Good reputation in the indistry. Well established. This all contributes to excellent referrals/word-of-mouth.

What Advertising/Marketing is carried out?
Social media. Active on Facebook and Instagram. Word-of-mouth.

Does the business have any contract work?
The company does a lot of work for corporate companies on their fleets.

What are the seasonal trends?
Pretty constant throughout the year. Closed for two weeks in December.

Is the business VAT Registered?
Yes, the business is VAT registered.

What percentage of the business is cash/credit?
90% EFT. 5% Cash. 5% CredIt Cards.

How could the profitability of the business be improved?
Employing of rep/customer service person to call on existing and new clients will bring in additional business in a short space of time.

What is the total staff complement?
1 x Owner, 1 x Manager, 2 x Technicians, 2 x General Assistants in workshop.

Do any receive special perks or incentives?
Annual bonuses are paid at the discretion of management.

Are they on contract?
Yes, all are permanently employed.

Do any have management potential?
Yes, manager already in place.

How involved is the Owner in running the business?
30% to 40% of the owner's time is spent in the business.

When does the current lease end?
Seller owns the property and is happy to continue with a lease to new owners. Seller will give buyer the option to purchase the property if they so wish.

Is there an option of renewal & what period?
Seller would prefer a 2 to 3 year lease with an option to renew.

What are the trading hours?
Monday to Thursday: 7.30 am to 5.15 pm. Friday: 7.30 am to 3.45 pm.

What is the square meters of the business?
480 square meters with huge yard space.

Do you require a licence?
No licence is required to own this business.

What lease deposit and/or other surety is required?
One month's rental as a deposit for rent is required.

What are the main assets of the business?
Tools and Workshop Equipment and Office Furniture and Equipment.

What is their overall condition?
Overall condition is good.

Do any require repairing?
Maintenance is carried out.

Are they presently insured?
Yes, the business is comprehensively insured.

Strengths?
Well-established, good reputation, well-known. Good location. Well-trained staff. Excellent client base - corporate fleet maintenance business is strong.

Weaknesses?
None really. Maybe economic conditions but vehicles still need to be repaired.

Opportunities?
Placing a rep/customer service person on the road will bring in more business from new and existing customers.

Threats?
Normal economic conditions.

What is the reason for the sale?
Seller wants to relocate to KZN.

Why is this a good business?
Nicely profitable. This business has given the owner a good lifesyle. Well-established, good reputation, well-known. Good location. Well-trained staff. Excellent client base - strong corporate fleet maintenance business.

What is the price plus stock and the profit?
The asking price is R1.85 million including stock and assets.

Other listings by Erich
R 3.00MZAR
Added : 19 Sep 2021 38
Yearly profit: R747,309
Western Cape
R 5.90MZAR
Added : 31 Aug 2021 283
Yearly profit: R2,908,164
Gauteng
R 3.85MZAR
Added : 31 Aug 2021 205
Yearly profit: R1,242,498
Gauteng
AGENCY DETAILS

Aldes Optima

1 members
21 mandates
Gauteng
P.O. Box 588
2153

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

Similar Businesses for sale

Discover similar, inspiring businesses for sale

R 2.20MZAR
Added : 2 Aug 2021 409
Yearly profit: R20,233
Northern Cape
R 2.60MZAR
Added : 26 Jul 2021 346
Yearly profit: R958,173
Gauteng
R 1.15MZAR
Franchise
Added : 14 Jun 2021 1273
Profit*: R186,000 *(6 months)
Northern Cape
R 1.10MZAR
Added : 31 May 2021 389
Yearly profit: R-259,180
Limpopo
R 1.00MZAR
Added : 15 Mar 2021 517
Yearly profit: R584,803
KwaZulu-Natal
R 1.36MZAR
Franchise
Added : 10 Feb 2021 180
Yearly profit: R446,614
Mpumalanga
Sold
Franchise
Added : 13 Jan 2021 190
Yearly profit: R409,699
Western Cape
R 2.75MZAR
Added : 1 Dec 2020 201
Yearly profit: R1,190,872
Gauteng

Businesses in Gauteng

Annual Turnover Amount between R 500 thousand and R 6 million

R 2.08MZAR
Added : 17 Sep 2021 133
Yearly profit: R1,001,895
Gauteng
R 1.85MZAR
Added : 31 Aug 2021 353
Yearly profit: R1,182,708
Gauteng
R 1.40MZAR
Added : 30 Aug 2021 249
Yearly profit: R897,244
Gauteng
R 1.01MZAR
Added : 30 Aug 2021 361
Yearly profit: R576,923
Gauteng
R 2.00MZAR
Added : 20 Aug 2021 399
Yearly profit: R808,533
Gauteng
R 1.80MZAR
Added : 18 Aug 2021 270
Yearly profit: R380,244
Gauteng
R 550KZAR
Added : 17 Aug 2021 278
Yearly profit: R672,000
Gauteng
R 660KZAR
Added : 13 Aug 2021 375
Profit*: R271,223 *(8 months)
Gauteng