021 552 1018

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Used Truck Dealer and Property in Johannesburg For Sale

R2,000,000

Business Description

An established business with a strong reputation throughout Southern Africa for good quality used Trucks. The majority of transactions are cash sales. The business has a substantial network to source and value good quality low mileage vehicles from blue chip transport companies. It also has its own panel beating and upholstery division. Mechanical repairs are outsourced to selected repair workshops.
The showroom and Sales office are located in the heart of Johannesburg’s used vehicle district. The business has been operated profitably by a single owner for many years who now wishes to retire. The property is owned by the Seller and the purchaser of the business will have the option to rent or purchase the property.

Business Details

  • Property ID: PER126
  • Price: R2,000,000
  • Turnover: R29mil
  • Actual Profit/Year: R760k
  • Turnover range: R10mil+
  • Profit range: R500k-R1mil

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Retirement
  • Business history: 14 years. 5 years in present location
  • Expansion potential: Option to purchase property - R5 million
  • PROPERTY DETAILS:

  • Fixed property included: Negotiable
  • Premises Details: 2 200sqm property. Showroom 800 sqm, Offices 300 sqm, secure yard 1 100 sqm
  • Rent & lease terms: Rent: R60 000 per month / 8% escalation OR purchase R5 million
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: R420 000
  • Stock included in sale: No
  • Value of stock: R6mil
  • GENERAL COMPANY INFO:

  • Employees: 12 staff members
  • Trading hours: Mon-Fri 8am – 5pm. Saturday 9am – 1pm
  • Support & training: Full Support and Training will be provided during handover
  • Business Address

    • Country: South Africa
    CONTACT BUSINESS AGENT
    Phillip Rutherford
    0824941913
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