Established, Profitable Auto Valet And Auto Styling Business For Sale

This is an established Car valet business for sale in a well known business & residential area in Port Elizabeth. Services provided by this business include: Valet, engine cleaning, chassis black, hand polishes, headlight restoration and much more. In addition to this the business has an auto styling part that generates a decent little return for the current owner. The auto styling operation is included in the asking price.

 The business has been around for many years and has been trading from its current location for the past 3 years. All equipment to operate the business are included in the asking price.

The premises utilised is large and has plenty of parking and yard space for customer vehicles. The area in which the business is located has a number of vehicle dealerships (both new cars & second hand) and the services provided by this business are made good use of by the nearby vehicle dealers.

Profitable and priced to sell this business is ideal for a first time business owner, as a family business or anyone looking to buy an established Auto Valet business for themselves.

Financial Information

Current Annual Turnover:

+-R 900 000 (as at Feb 2020)

Operating Net (EBITDA):

+-R295 000 (as at Feb 2020)

ROI%

+-80% (based on EBITDA)

Assets:

+- R 80 000 – R100 000 (Included in the asking price)

Stock on Hand:

+- R10 000 Valet side (Included in the asking price)

+- R30 000 Auto Styling side (included in the asking price 

Rent:

R13 700 per month

Vat registered:

No

MORE DETAILED FINANCIAL INFORMATION IS AVAILABLE BUT WILL ONLY BE PROVIDED TO SERIOUS QUALIFIED BUYERS AT A TABLE TOP MEETING AND ON COMPLETION OF A NON DISCLOSURE AGREEMENT

BuSiness Information

Industry

Auto Valet and Auto styling business

Asking Price

R370 000 (including stock on hand)

PROVINCE

Eastern Cape

CITY

Port Elizabeth

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Premises:

Leased (Landlord approval of the new owner will be required)

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Hours of work:

Mon to Friday: 08h00 to 16h30
Sat:                    08h00 to 14h00
Sun:                   Closed

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Buyer Profile:

Ideal for a husband and wife team or as a family business. Alternatively this business will suit any business /entrepreneur that is looking to add to their existing portfolio.
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Growth Potential:

This business has been around many years and has an already established client base. Expansion possibilities include the expanding the business into other areas and/or increasing the product mix

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Reason for selling:

Other business commitments

Disclaimer: All the information contained within this prospectus is supplied in good faith and is based on information supplied by the Seller; MN Business Brokers makes no representation as to its accuracy and in no way will be held liable for any eventualities arising from the use of the information provided.

Contact Us

call

Grant – 073 556 0065

email

grant@mnbrokers.co.za

visit

Office GF001 | Kings Market Office Suite | Cnr Buffelsfontein Road & Titian Road | Walmer Heights | Port Elizabeth | 6070