Asking Price

R 10,300,000

Annual Turnover

R 28,919,643

Monthly Cash Flow

R 197,349

Automotive

Car Dealership

Ref: 354

Motor Dealership and Property

Western Cape (WC - Garden Route)

Trading in 2nd hand motor vehicles, this business has stopped any form of advertising years ago. Why?...you ask...Because their service and their product are so consistently reliable that their client referral base is immeasurable; it just keeps on going and growing. In-Bound vehicles are repaired/renovated/rejuvenated before they get to the sales floor. A vehicle on the sales floor is absolutely ready to be bought and at excellent value prices which generate loyalty. This business sets new thresholds of excellence for the motor trade and they are undisputed leaders. The new owner would need to be a true blue petrol-head! Someone who has the business acumen and discipline to step into shoes of perfection and excellence. No re-treads here please, you have to be the real deal. This is also an opportunity for someone just wanting to add the property to their portfolio. A third of the building is not utilized by the business, and therein is an opportunity for the new owner. There are many options with this offering. The asking price is for the 1200 m2 building, and the business. It excludes VAT and stock, which would obviously vary. Budget on R2million for the stock.

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Confidentiality Agreement

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  2. Taking all reasonable precautions to protect the confidentiality of information made available to me in the course of any negotiation and eventual transaction.
  3. That all information is received for no other purpose than the evaluation of the investment potential of the business.
  4. Not to disclose the identity or any details of the operation or financial accounts to any third party (except my accountant or legal advisor who shall agree to respect this requirement for confidentiality) unless expressly authorised in writing by the Seller or his broker.
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  9. In the event that a suitable business opportunity is found in using the services of a Businesses4Sale South Africa and in the subsequent event that I should wish to present an offer to purchase such business, then prior to the commencement of the “Offer to Purchase” process, and should I be called to do so, I agree to willingly submit a consumer credit report.
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