Top Auto Service and Engineering Business

Western Cape

R 8 800 000

Financial Information

Net Asset Value R 1,769,023
Inventory Value R 0
Property Value R 0
(Annual) Operating Profit R 0
(Annual) Turnover R 8,578,305
Seller Handover

Rated as the best auto service centre in South Africa

This top auto service & engineering business is based in the Northern suburbs of Cape Town, and has been in existence for twenty years. They provide premium quality auto services (repairs, engine rebuilding and covert ions, diesel performance enhancement, intercooler systems, mild steel exhaust systems, custom stainless steel exhaust and many other services), it is simply a cut above the rest. The state of the art workshop is equipped with the most modern and up to date technology. The business is profitable and is effectively managed by the owner who is supported by a well-trained and loyal staff. The whole operation is backed up by computerized management systems. There is significant potential for growth (the owner has been considering a franchising, as the business is lending itself towards that), the product, entertainment and service range can be increased. The owner has initiated two new projects to increase turnover and profits which are already reaping rewards. No active marketing takes place. Price: R 8,709,500.00 excluding VAT, excluding stock. Stock: R90,500.00.000.00 excluding VAT Tangible assets: R 1,769,023.00. Turnover: R 8,578,305.00 GP: R 5,220,413.04 Rated as the best auto service centre in South Africa, you don't need to look any further. If you are looking for a premium business in the automotive repairs, auto service industry, you will go far to find better. Serious buyers please contact me for more information.

Ian Van Ravesteyn
professional

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