Franchised Tyre Fitment Centre

Gauteng

R 2 250 000

Financial Information






Detailed financials available on request


This auto fitment centre is a family owned franchise for one of the largest tyre dealer networks in South Africa. It is a professional full-service auto tyre fitment centre that offers premium service, coupled with trusted expertise in tyres, batteries, shocks and exhausts.. The franchise was bought by teh family two years ago from the previous owner who ran it for 13 years. It was bought as a family investment and is run by the son. They have other opportunities that they wish to pursue and are now looking to divest. The franchise is situated in popular, trendy suburb west of Johannesburg CBD on a busy main road with very prominent signage that attract immediate attention. They rely mainly on word of mouth and their prominent position to attract customers. Through the franchiser they have access to key corporate clients. Growth opportunities exists through increased marketing in the area and sales penetration of the corporate basis around and in surrounding areas. EBPIDTA 2018 - R 738,000.00 R.O.I - 39%/2.5 Payback - 30 months There is no seller finance available on this sale. Kindly only require if you are able to provide proof of available funding. Total asking price is R 2,250,000.00 which includes stock and debtors as at 28/02/2018 of R 370,000.00. Price excludes VAT but transaction can be zero rated for VAT purposes depending on purchasers VAT status. Ref: JSE00042 Timestamp: 20180806054543