Well-Established Supplier of Automotive Lubricants

Western Cape

R 1 115 000

Financial Information

Detailed financials available on request

The business has a well established and loyal client base due to good service, excellent quality of the product, and price advantage due to a unique relationship with the manufacturer of the oils and greases. The target market is small to medium workshops, various mechanics, and heavy-duty machinery owners such as earth moving equipment and tipper trucks. The business has grown and remained consistent over the 10 year period despite having never done any marketing activities what so ever. The operation is set up like a Takealot model with very low overheads, it operates out of a warehouse with 1 manager who takes the orders and dispatches the orders, there is scope for growth by adding a point of sale at the warehouse for walk-in buyers. The owner has negotiated various advantages benefits with its various suppliers which will all be passed on to the new owner. The business is set up to run without the owner. The business has been systematized and streamlined to currently run without the owner, and with just 1 staff member in place and zero spend on advertising. Thus there is massive potential for a hands-on owner and a few basic marketing activities to very quickly growing sales and profitability. Price includes R100,000 working capital in the business bank account and excludes VAT.

Reason for selling

Owner is immigrating to Mauritius at the end of 2020
Annual revenue
R 2,023,187
Monthly cash flow
R 13,450
Stock value
R 0