Motor Spares Parts For Sale

Description

Business type: motor spares wholesale and retail

Location: Northern Gauteng

Trading history: 37 years

Current status: established operating business

Financial information

Selling price: R19,450,000

Annual turnover: approximately R76 million

Average monthly net profit: approximately R450,000

Branches

Operational branches: 4

Branch managers: in place

Daily branch operations: managed

Products

• Motor spares
• Vehicle accessories
• New engines
• Used engines
• Body panels
• Auto glass
• Windscreens
• Auto paints
• Tyres
• Rims
• Oil
• Filters

Services

• Windscreen installation
• On-site paint colour matching
• Tyre balancing
• Tyre fitment
• Steam cleaning of chassis
• Steam cleaning of engines
• Oil changes

Tyre fitment: free

Oil change: free with purchase of oil and filter

Customers

Private vehicle owners: existing customers

Taxi industry customers: existing

Taxi customer share: 5% to 20%

Share variation: by branch

Customer base: established

Sales mix

Card sales: approximately 60%

Cash sales: approximately 40%

Staff and operations

Total staff: 50

Full-time bookkeeper: in place

Experienced branch staff: in place

Integrated software system: in use

Expansion options

• Software system upgrades
• Operational optimisation
• Additional branches
• Additional product ranges
• Higher sales across existing branches

Potential buyers

• Industry buyers
• Automotive parts distributors
• Investors
• Entrepreneurs

Buyer requirements

Confidentiality: required

Buyer profile: serious buyers only