Verified Listing
Posted on August 16, 2021 / 500
Price : R1,250,000
Listing Type : Auto Fitment Centre
Location : Vaal Triangle
Ref. No : 2763
Year Established : 2017
No. of Employees : 7
Trading Hours : 8am - 5pm Mon-Fri
Lease Term : 2023
Turnover : R 331 507 pm
Cost of Sales : R 216 227 pm
Expenses : R 121 020 pm
Net Profit : TBD
Asset Value : R 1 100 000
Stock Value : R 120 000

A well-established tyre fitment franchise situated opposite a shopping centre and it’s in a residential area in Vaal-triangle. This franchise is part of South Africa’s top tyre retail group that has trusted passionate individuals who are skilled experts in their field and always willing to share their knowledge. They are equipped with years of experience, class-beating technology and state of the art facilities to attend to any vehicle-needs motorists may have. They only stock top quality products, offer pulse-racing deals on trusted leading brands of tyres such as Goodyear Tyres, Dunlop Tyres and also exhausts, shocks, batteries and more.

This is an asset sale as the business lacks cashflow to breakeven and the owner would like to focus on his health and that the reason he wants to sell. All this business needs is a cashflow, more stock and advertising. The new owner can explore the opportunity of working with Government and fleet companies in the region and have 2 year free tyre service on any brand for customers. This business asking price is R 1,250,000.00 including stock.

Mfundo Nhlabati – Broker Head Office