Motor Engineering Business In Pretoria For Sale

Business description

The motor engineering business on offer by Leo Africa Business Brokers was established well over 40 years ago, and is a specialist in it’s field and very well known. They do repairs and maintenance as well as manufacturing of some high friction components which need regular replacement. The current owner has never had to market his business because it is well situated between motor dealerships. Therefore a good marketing-owner can increase the turnover very easily as there is very little competition. They do work for the public, private companies and motor dealerships. Because of the high asset value in the business one can actually not go wrong to buy this business. Stock holding is also on the high side.
As this is a good business, we will only show it to cash buyers or buyers with approved loans (not more then 70% of price) who have both business and motor industry experience.
Potential for Growth:The owners want to retire and for the past 5 years they have done no canvassing for business or any advertising. The business needs new energy to take it to the performance level where it should be.

Property information

Location:

One of Pretoria's motor industry belts.

Premises details:

Been here for many years, and it works.

Business Operation

Competition / Market:

Very little.

Reasons for selling:

Owner well past retirement age.

Trading hours:

4.5 Days a week

Employees:

11

Years established:

1968

Other information

Support & training:

Experience will be a positive, but the owner will help for as long as needed.

Furniture / Fixtures value:

R1,500,000 (included in the asking price)

Inventory / Stock value:

R100,000 (included in the asking price)

Relocatable:

This business can be relocated.