Established Performance Motorcycle Workshop for Sale

SORRY FOLKS THIS ONE IS SOLD

Financial Information

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Current Annual Turnover:

+-R 1 032 130 (as at 2019)

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Current Annual Operating Net (EBITDA):

+-R 258 439 (As at 2019)

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ROI%

+-25% (based on EBITDA amount)

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Assets / Office Equipment:

+-R714 000 (Included in the asking price)

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Stock on Hand:

+-R250 000 (Excluded from the asking price)

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Rent & Lease Terms:

+-R 5 800 per month. Leased (3 years with option to renew.

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Vat registered:

Yes

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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

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Industry

Performance Motorcycle Workshop

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Asking Price

R 1 500 000 (Excluding Stock on hand)

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PROVINCE

Eastern Cape

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CITY

Port Elizabeth

Premises:

Workshop environment (very neat and clean)

Hours of work:

Monday to Thursday: 08h30 to 17h30
Friday: 08h30 to 16h00

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 operations. Knowledge of repairing, modifying and servicing superbikes will be an added advantage

Growth Potential:

This business has an already established client base and a superb reputation that can be built on. A much stronger online presence as well as improved social marketing will easily increase the client base

Reason for selling:

Medical and Family 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

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call

Grant – 073 556 0065

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email

grant@mnbrokers.co.za

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visit