Established Auto Electrical Business

Eastern Cape

R 900 000

Financial Information

Detailed financials available on request

Ideal opportunity to purchase a profitable established Auto-Electrical Business. The business is located in the coastal city of East London and has been in operation since 2012.

Over the past 6 years the business has established itself through service excellence and has a strong repeat customer base. The business is conveniently located to allow for easy access no matter what side of town one is coming from. The customer base is made up of a number of dealerships as well as the walk in public. In addition to offering Auto-Electrical work the business also offers minor mechanical work although their key focus is Auto-Electrical. The business also has a range of refurbished alternators and starters which they re-sell. The Asking price for the business is R900,000 (Excl Vat). The prices includes stock which is estimated at around R200,000. In the last financial year the business has a net profit of in excess of R50,000 per month before owners drawings. This offers a great return on investment of 66% or a monthly payback period 18 months. The ideal buyer would be a person with experience and training in the Auto-Electrical field. For more information on this business please don't hesitate to contact the listing broker: Greg King (084 556 6166)

Greg King

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