Verified Listing
Posted on June 11, 2021 / 58
Price : R2,800,000
Listing Type : Tyre Fitment
Location : Western Cape
Ref. No : 2752
Year Established : 2015
No. of Employees : 7
Trading Hours : 8am - 5pm
Turnover : R 380 000 pm
Cost of Sales : R 200 000 pm
Expenses : R 160 143 pm
Net Profit : R 100 000 pm
Asset Value : R 3 180 000
Stock Value : R 250 000

A very lucrative and well-established fully functional workshop and offices that specializes in the selling of various vehicle and commercial vehicle tires, wheel alignment balancing and light mechanical repairs. Supply and fitment of new tyres, alloy wheels, stainless steel exhaust systems and more.

This business also with its’ fully functional workshop, and offices with experienced staff ensures the smooth running of daily operations.

This business is situated on a busy road and well positioned in this busy town. Included are 2 x big offices, a board room, kitchen area, sales office, upstairs storeroom as well as a downstairs storeroom. There is a walk in safe, tea room, a male and female bathroom for employees as well as a male and female bathroom for clients.

The asking price is R 2 800 000.00 with an average monthly turnover of R 380 000.00 and an average monthly net profit of R 100 000.00. The Rent is approximately R 345 000.00 per Annum, Current rental agreement is 60 months with 41 months balance of currnt rental agreement.

* Zeenat Moosa – LP – Langebaan