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R1,450,000.00 (Negotiable)

Fully Equipped Franchised Tyre Fitment Centre based in Fourways

Description
Price : R1,450,000.00 (Negotiable)
Type : Sell
Date : January 11, 2024
Sales/Revenue : R7.095m
Profit : R362k
Location : Fourways, Sandton, South Africa

Deion of business

Established about 1,5 years ago; easy to run franchised tyre fitment centre.

South Africa’s top tyre retail outlet, which only stock top quality products. They offer pulse-racing deals on trusted leading brands of tyres such as Goodyear Tyres, Dunlop Tires and also exhausts, shocks, batteries and more.

Features:

•Fitment centre

•Wheel balancing

•Wheel alignment

•10 point safety check

•Tyre repairs and changers

•Wheel rotation

•Nitrogen tyre filling

•Technologically advanced alloy plates

•Sale of tires, batteries, shocks, brakes, rims, exhausts, tow-bars

•Skilled staff

In Detail:

•Established business for: approx. 1.5 years

•Employees: Manager + employees

•Annual Payroll: approx. R920 988.00

•Trading hours: Monday – Friday: 8:00 – 17:00 Saturday 8:00 – 13:00

•Annual Revenue/Turnover: approx. R7 095 000

•Net Annual Profit: approx. R362 368.00

•Rental: approx. R607 711.00 (+VAT) per annum

•Utilities: approx. R297 602 (+VAT) per annum

•Reason for Selling: Owner has other business interests

Staff

Under 10 employees and is fully compliant with the Motor Industry Bargaining Council.

Premises

Located in Sandton, Fourways on an approx. 600 squared metre property.

This property, which is rented by the business owners, is on one level with storage area, reception area, staff ablution facilities and a kitchenette.

The building has 3 phase electrical power supply available. The premises is situated on prime business and retail property, close to surrounding suburbs.

Public transport facilities easily accessible and nearby.

Client Base

Walk-ins/individuals

Corporate Fleets

Listed price

This superb business which has an excellent track record is listed at R1 450 000.00 MILLION.

 

 

 



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