Established Profitable Auto Spares Business
About this business for saleEstablished Profitable Auto Spares Business
A rare opportunity to purchase an established auto spares business for sale.
The business stocks and supplies a vast range of car parts (this include new, genuine and alternate car parts) for all makes of cars, bakkies and trucks.
In addition the business also supplies automotive paints and has an in-house colour matching technician.
The business has been around for over 40 years and has formed a great reputation and solid client base over the years.
The business is located in a prominent town in the Eastern Cape.
The business for sale is profitable. and maintains a good Gross Profit
The owner is well supported by a competent, well trained and experience staff team.
The asking price for the business is R1,700,000 Excl Stock and Vat. Included in this price are assets to the value of R700,000. Stock varies and is estimated to stand at around R3,000,000
This is a truly great opportunity to take on a well established business and expand it to the next level
For further details on this listing please provide the listing broker – Greg King (084 556 6166)
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.