Business For Sale. Fitments Centre - Garden Route

This Auto Fitment centre is situated in the Garden Route area and has been in existence since 1990. The Seller has owned the business for the past +/- five years.

Over the years this well established business has built up a strong supportive customer base for repeat business. It is situated on a prominent site giving frontage advertising to passing traffic. The building is well suited to the operation and has a convenient customer waiting area. There is no competition within close proximity and its position is close to auto dealers including 2nd Hand vehicle traders.

The business is run by a Husband and Wife team assisted by 8 employees. For the period ending February 2010, average monthly turnover was R271k with commensurate gross profits of R118.8k (43%) and monthly nett profits of R36 682 (13.5%)

The selling price R2 400 000 equates to a payback period of 65 months (18% R.O.I.) Financials are in the possession of the Mandating Broker and will be made available to serious Buyers.

A small Bakkie is inclusive of the purchase price and all liabilities will settled prior to take over by the Purchaser. Currently a portion of the premises is Sub Let for an amount of R9722.97pm with the Landlord's approval. The owner wants to move out of the Auto mechanical servicing trade.

The owner is willing to remain on in an advisory and training capacity for a predetermined period subject to him being remunerated accordingly.

Kindly contact the mandating Broker for further information.