Property description

 The business is strategically situated in the Central Business District (CBD), which offers high visibility and accessibility to potential customers.

Stock Value: The business maintains a substantial inventory of motor spares valued at R2 million, ensuring a wide range of products for customers.

Assets: The business owns assets such as shelves and computers, collectively valued at R200,000, which contribute to efficient operations and customer service.

Profitability: Over the last 12 months, the business has demonstrated its viability by generating a profit of approximately R764,000. This indicates a successful track record.

Customer: The business has a close relationship with its clients, which is essential for retaining loyal customers and understanding their needs.

Growth Potential: There is a promising possibility for growth, possibly through expanding the product range, reaching new customer segments, or opening additional branches.

Affordable Operating Costs: The monthly rent and taxes for the business are relatively low, totaling less than R18,000. This cost efficiency contributes to profitability.

Competitive Advantage: The business's location in the CBD provides a competitive advantage by attracting foot traffic and potential customers in the heart of the city.

Inventory Management: Effective management of the R2 million stock is crucial to maintain profitability and ensure the availability of in-demand motor spares.

Financial Stability: The combination of low operating costs, substantial stock, and profitability in the last year indicates financial stability, which can support further growth and investment.

This is an opportunity of business expansion not to miss out !!!