Prosperous Used Car And Bike Dealership Zambezi Drive For Sale

Business description

This is a prosperus used car and bike dealership on a main thoroufare with a well established wholesale and retail market.
On a busy main road in a upmarket suburb North East of Pretoria,

150M2 x 50M2 open space for vehicle display
30M2 x 20M2 unused open space
30 x 20M2Interior/office space
Tot: 2400M2 aprox
Established for 2 years at current address

Cash flow comes from bikes & service department
Average stock – 120 vehicles
Stock value: 7+M (includes 1.5M bike parts)
Added value:
SECURITY SYSTEM
Sponsored ADT security system, linked to armed response; this gives the business an insurance benefit – no fees, ADT put up a ad in exchange for the service
ASSETS
Full motor vehicle workshop
Full panel shop
Bike workshop

The business is on a bank panel which facilitating for vehicle finance

Property information

Real Estate:

Lease

Lease terms:

5 year, 3 years left

Leasehold rent:

R270,000 per annum

Location:

On a busy main road in a upmarket suburb North East of Pretoria.
Rent includes electricity

Size in square feet:

2400M2 aprox

Business Operation

Expansion potential:

Currently negotiating to become sole agent in the area for a fleet dealership of new vehicles. This will double the value of the business in 6 months, business will need to invest in upgrading the workshop.

Reasons for selling:

Other business interests

Trading hours:

Standard business hours

Employees:

20

Years established:

2 years at current address

Other information

Support & training:

Owner will stay on for 3 months for handover and will be available for consultation for the first year after purchase regarding pricing and purchasing vehicles. Supplier and client contacts will be one of the assets passed on to purchaser.

Inventory / Stock value:

R7,000,000

Relocatable:

This business can be relocated.