Selling Price: R16.125 Million
Turnover: R55.2 Million per annum
Net Profit: R8.8 Million per annum
Asset Value: R7.8 Million
Property Company – Business Premises:
Selling Price: R6.450 million.
Property Value: R17.2 million
Business Overview
Established in 2000, this major autobody repair group has built a strong reputation in the North West region, servicing a vast catchment area. The business operates through two companies – one managing operations and the other owning the property – ensuring a solid and secure structure for investors.
With 50 skilled employees (42 in the workshop), the business delivers consistent, high-quality repairs. On average, 200 vehicles are repaired monthly, supported by service level agreements with virtually all insurance companies. Revenue streams are split approximately 90% insurance-related and 10% private/cash clients, ensuring stability and growth potential.
Facilities & Assets – OpCo and Propco:
- State-of-the-art electronic equipment in excellent condition
- Well-structured and well maintained main 2-story building (3062m²) housing workshop and offices
- Land area: 2737m²
- Designated work areas: stripping, preparation, reassembling, polishing, spray-paint booths, equipment stores
- Staff facilities: ablutions, quarters, storage, offices, reception, meeting rooms
- Workshop under cover with well-maintained outside areas
- Neat, tiled, and well-laid-out office/admin area requiring no maintenance
Key Highlights
- Long-established business with strong brand recognition
- Excellent profitability and asset base
- Modern equipment and well-maintained facilities
- Strong insurance company partnerships ensuring steady workflow
- Large catchment area with growth opportunities
Contact
Laurie Salter: 083 306 0767
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