Detailed financials available on request
The racks are so neat and orderly; one could imagine being in a listed giant retail store. The new spares and the used spares have their shelf addresses, and the computerized system with multi search capacities will send the Enquirer direct to the part on the shelf. Every vehicle that is purchased for stripping has an identity on the system, and the parts from that vehicle can be traced all the way to the sales invoice. Neat, clean, orderly stock shelves, excellent visibility, truly excellent management computer system, signed Annual Financial Statements: this may sound like a top pharmacy, but it describes this amazing auto spares business. This is a Case Study business in a tough industry. The new owner of this profitable opportunity would need to be mechanically minded but would most importantly have to be a disciplined administrator and manager. The system allows the owner to take time off, especially as the team are extremely capable and can get through a busy day without a glitch. Yes, it is profitable, honestly. And yet there is an identifiable growth opportunity for the new owner. The property is 3,737 sq mts in extent, with a well built 470 sq mts building which more than adequately allows for growth. The property is valued at R4,000,000.00, which value is not included in the asking price of the business. The very reasonable asking price for the business excludes VAT and stock of approximately R2,000,000.