Well established auto service centre and parts business for sale.

Well established auto service centre and parts business for sale.

Introduction:

• This business was started by the existing owner 16 years ago after he resigned from a well-known auto brand centre.
• He realized that there is a huge need for personalized attention to cars as motor vehicles are mostly a person’s most valuable asset besides a residence.
• He obtained two units in a well-known industrial area. The one unit is for the servicing of motor vehicles and the other unit is utilized for the selling of car parts.
• Although the business is well known for a specific vehicle brand, he services all kinds of cars, from a basic service right through to complete overhauls of engines/gear boxes etc.
• He has through the years built up a history of excellent service to his clients and therefore has a loyal client base who also recommends the business to other clients.
• The only reason for selling is that he is on retirement age and his wife is not healthy and needs constant attention.
• He will give full training to a new buyer and will stay on in the business to assist for a reasonable time.

Financials:

• Average turnover/sales on parts section – R35,000 pm.
• Average turnover/sales on service section – R75,000 pm.
• Combined expenses between 2 sections – R47302 pm.
• Average NP (EBITDA) – R62,000 pm

Selling price:

• R2,5 million plus stock (+/- R1,5 million on average)