Profitable Gearbox Repair & Automotive Opportunity
About this business for saleProfitable Gearbox Repair & Automotive Opportunity
This profitable gearbox repair specialist business was first established 21 years ago.
Located in the south of Gauteng, the business has continued to show steady growth, servicing the needs of a solid clientele base incorporating both public and industrial sectors. The customer base consists of written contracts , being listed as preferred suppliers, including insurance companies.
The business prides himself in being an industry leader where his specialist services include the repair of service-exchange and new gearboxes, differentials, prop shafts and clutches for a wide range of manual and automotive vehicles and trucks.
The owner has other business interests which he has to devote his time on a permanent basis, otherwise disposing of the business would not be a consideration.
The business serves customers all over the Gauteng area as well as receiving gearboxes by courier service for repairing. As a result of this wide location customer base, this business opportunity has the added advantage that it can be easily relocated elsewhere in Gauteng.
The business trades very successfully and generated a monthly average NPBITD of R127 657 for the financial year 2016. With an asset value of about R300 000, the total selling price has been determined at R2 775 000 which includes stock of about R500 000.This represents a ROI of 55.2%.
A serious buyer must have the necessary mechanical technical skills to buy the business and must also prove that he has the necessary equity available before any negotiations can be started with the seller.
Full financials will be made available to serious buyers.
It is the Seller’s opinion that future growth is almost unlimited. This presents the ideal opportunity to acquire a substantial, profitable business complimented by a team of trained, competent employees.
For further information, please contact the listing broker.