Automotive/Technical Services/Spare Part Sales
Pretoria - Central businesses for sale
Automotive businesses for sale
Refer to Broker
About this business for saleAutomotive/Technical Services/Spare Part Sales
This business is providing services and products in a niche market for motor vehicle owners who have a love for engine and transmission improvements. The owner has mastered the technique and thereby built up a reputable customer base throughout South Africa and neighbouring countries.
They provide vehicle engine improvements through a reliable method of running the OEM engine and transmission management as a standalone system for the conversion industry; sell ready-made pre-wired engines, spares for engines and transmission drive trains.
They offer excellent technical advice based on a proven system, with hundreds of units running flawlessly. Furthermore, they are of a few that can offer ungoverned Engine Control Units without the requirement for modification to the engine computer systems.
Currently the business focuses on two car makers engine models but the potential is there to expand on the ranges being offered. Since inception of the business in 2013, sales income has increased by ten times with plenty of scope to grow further. There is definite potential and demand to branch out the business to bigger centres throughout South Africa and thus be able to improve footprint and profitability.
The owner is from the US and wants to return there but he is more than willing to provide a proper hand over and support, together with a well-trained technical staff in place including a Workshop Manager.
Net profits (NPBITD – Net profit before interest tax and depreciation) are R120k per month, resulting in a ROI of 29%. The selling price included assets for R1,202m(including two vehicles) but excludes VAT(if applicable) and stock to the value of +- R1, 500m.
This business will suit a technically minded person who wishes to work in the business and the opportunity offers immense satisfaction in the work environment and interaction with a wide range of customers.