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.