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The Mafikeng Central Business District is growing with new shopping centres, businesses and townhouses being constructed and opening in the area. The area has seen a 25% growth over the last 24 months. In a busy road surrounded by the bustle of activity is this owner run Tyre fitment centre, with a fabulous reputation in it’s market and well known branding. It was a previous franchise brand that has gone independent and held the rights to trade under the well-known brand.
The independent business was started 12 years ago and moved to it’s larger more dominant premises 6 years ago. Meaning that the business comes with an established and loyal client following. The premises are 360 square meters and offer a 150mm foundation for the vehicle lifts, and equipment management.
The business trades in the a wide range of highly recognised tyre brands and exhaust systems, they also offer a co2 welding service as well as brake skimming and minor service issues.
Included in the sale is the companies Ford Bantam delivery vehicle.
Stock Value – (R100,000.00 to R150,000.00) Excluded in Sales Price.
Vehicle value – (R70,000.00)
Equipment Value – (R400,000.00)
Staff – (2 Employees (R14,000.00 P/M)
Monthly Turn Over – (R200,000.00 – R220,000.00)
Profit Earnings – (Average R40,000.00)
Selling Price – R700,000.00 (Excluding Current Stock)
Reason for Selling – The owner is retiring and is selling the business, he is keeping the property and is willing to negotiate favourable rental rates and terms on the premises.
Opportunities exist for added advertising, the area has many potholes and a roadside assistance or similar will yield great returns.
This opportunity is perfect for a person wanting to enter into the Automotive repairs market with intentions to expand, the premises has space for growth and added services.
Financial information, equipment lists, brand and owner information only available upon signature of a Non – Disclosure and proof of available funds.
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