Motor Dealership and Property

Western Cape

R 10 300 000

Financial Information

Detailed financials available on request

Trading in 2nd hand motor vehicles, this business has stopped any form of advertising years ago. Why? ask...Because their service and their product are so consistently reliable that their client referral base is immeasurable; it just keeps on going and growing. In-Bound vehicles are repaired/renovated/rejuvenated before they get to the sales floor. A vehicle on the sales floor is absolutely ready to be bought and at excellent value prices which generate loyalty. This business sets new thresholds of excellence for the motor trade and they are undisputed leaders. The new owner would need to be a true blue petrol-head! Someone who has the business acumen and discipline to step into shoes of perfection and excellence. No re-treads here please, you have to be the real deal. This is also an opportunity for someone just wanting to add the property to their portfolio. A third of the building is not utilized by the business, and therein is an opportunity for the new owner. There are many options with this offering. The asking price is for the 1200 m2 building, and the business. It excludes VAT and stock, which would obviously vary. Budget on R2million for the stock.

Reason for selling

Annual revenue
R 28,919,643
Monthly cash flow
R 197,349
Stock value
R 2,000,000