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automotive

Mandate 2168

R 16,500,000.00

A Highly Profitable Award – winning franchise business (one of 25 countrywide) that consists of 2 showrooms, this is one of the leading new and used dealerships situated in the East Rand of Gauteng. Started in 2000 and extended to the 2nd showroom in 2012 this is an owner run business with a very strong management and sales staff structure in place. Large customer base from fleet owners to private individuals, from small vehicles to light commercial vehicles ensure the consistent high performance of this business.

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Product Description

Broker name: Troy Maidwell
Broker Contact: 0825729184
Broker Email: troym@renwickbusiness.co.za
Mandate number: 2168
Category: Automotive
Location: Brakpan
Year Established: 02/01/2000
Number of Employees: 24 Employees
Hours of Operation: 07:30 – 17:30
Lease Term: N/A

Movable Asset Value: R 6,480,000.00
Stock Value: R 6,000,000.00
Average Monthly Turnover: R 5,409,629.00
Average Monthly Expenses: R 604,583.00
Average Monthly Net Profit Before Tax: R 293,590.00
Asking Price: R 16,500,000.00

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