Huge opportunity to invest in a unique car manufacturing business mainly for export.

Huge opportunity to invest in a unique car manufacturing business mainly for export.

Introduction:

• The developer and owner of this sport vehicle has been involved in the development of this vehicle from 1984.
• He stopped production a few years ago and travelled the world to look at different designs, engines, problems with the chassis/handling/outlay of the interior etc. and came back to SA to finalize the designs.
• He has used own funding to date for the designing/sourcing of parts/looking at accident possibilities and made provision for that via protection designs/chassis changes/riding comfort etc.
• There are various drawings/research documents/business plans etc. available to confirm the huge feasibility in the introduction of this sport vehicle in overseas countries like the USA/Middle East/UK/Asia/Australia where these type of sport vehicles are very popular.
• These new designs are an improvement of nearly 300% on the old designs. (this bold statement can be proven)
• This unique manufacturing opportunity is now ready for production including certainty of the supply of parts thus a turnkey business.

Financials:

• Full financial projections are available but as a summary:
• Production cost per vehicle is +/- R400,000.
• Selling price overseas – U$ 45,000 (R900,000) – similar cars sell for U$ 51000-55000.
• Projections for 1st year of production- 4 cars- NP R2,2 million.
• Projections for 2^nd year of production- 8 cars- NP R7,3 million.

Selling Price:

• R4,4 million for a 50% share in the business.