*** SOLD ***
Profitable Established Panel Beaters
R4,600,000 Listing: #13645
About this business for saleProfitable Established Panel Beaters
This long established well positioned panel beating business is highly profitable. The business is well known and is registered with most of the major vehicle manufacturers and insurance companies.
They are well-known for the quality of their workmanship and have extremely capable and competent staff.
The business is well setup and is able to undertake minor as well as major repairs to vehicles. The equipment and facilities are all modern to ensure they are able to perform repairs to the highest standards.
The asking price of the business is R4,600,000 (excl. Stock and Vat). Stock is approximately R80,000.
This offers a return on investment of 33% and/or a monthly payback of 36 months.
The business has an annual net profit (EBPIDT) of approximately R1,552,390.
The current owners are selling has they have reach retirement and this is a great opportunity to take over a profitable well-established business.
For more information please contact the listing Broker – Greg King (084 556 6166)