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Franchise Motor Dealership In Eastern Cape For Sale

Eastern Cape
  • R11,500,000

Sales revenue:
R30,000,000
Cash flow:
R1,800,000
Contact Seller
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Situated in a small Eastern Cape town, this franchise dealership has been in existence for may years.
It is extremely well supported and enjoys a large market share in the town and surrounding areas together with farmers.
The owners have had a good relationship with the motor manufacturer since inception in the 1970's.
The business has been well managed and has strong distributable reserves.
The business is priced at roughly R4.5m and the property at R7m, subject to bank valuation.



Location:
Small Eastern Cape town about 350 km from Port Elizabeth
Premises details:
The property is owned by the close corporation and has a market value of about R7m according to the owner.
It is designed according to the specifications of the motor manufacturer

Competition / Market:
Ther are various other motor dealerships in the town.

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