Breakdown & Towing Service Since 1992

R 5,950,000
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Overview

  • Category
  • Property ID
  • 2888

Property Description

About this Business: Breakdown and Towing service with two branches on busy national road. Accident tow-away. National Call Centre accredited.

History: This business has been in existence since 1992, and operates profitably.

Staff: 4 skilled and loyal staff members, some with mechanical trade skill and experience.

Scalability: This business is extremely scalable as for the scope to branch out to other routes.

Figures:  Annual revenue around R5million, delivering earnings south of R1,6million(EBIT).

Assets:  The asset inventory is valued at R3,5m. (59% asset value!)

Goodwill: Contracts with 29 Insurance Companies- (Outsurance, Discovery, Santam, MiWay, Hollard etc) Also Police, Traffic, Municipal, Government.

Reason for Selling: Owners to venture into a new business opportunity.

ROI: 27%!

Other Features
Assets Included
Property Id : 2888
Price: R 5,950,000

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