Groblersdal Tyre Fitment And Retread Business For Sale

Business description

The business has been established in the market for approximately 37 years. The present owner bought the business in May 2005. The business is a Franchise and the interior and exterior is done to Franchisor specifications. The retread factory is a Leader Tread Agency. The retail depot is in the town CBD. We supply passanger, LCV, Truck and agricultural tyres as well as retreading of LCV and truck tyres.

The market is made up with cash and 30 day accounts. Customers include; passanger vehicles, LCV, Transport Companies and Agricultural sector.

Property information

Real Estate:

Lease

Lease terms:

Renewable after 3 years and the rental escalation is 7%.

Leasehold rent:

R787,200 per annum

Location:

The retail outlet is highly accessible because it is located in the CBD

Premises details:

The trye retail outlet is located in the CBD and the Retread factory in in a nearby farm.

Other information

Expansion potential:

The business can expand through aggressive marketing and by soliciting tenders from government departments.

Competition / Market:

There is competion but not a threat to this business.

Reasons for selling:

The business was bought for the chlildren and the seller's son in law has recently passed on and the seller does not have interest in operating the business.

Trading hours:

Mon - Friday 07h00 - 17h00
Saturday 08h00 - 13h00

Furniture / Fixtures value:

R10,000 (included in the asking price)

Inventory / Stock value:

R600,000 (included in the asking price)