Ref. No - BFS00414
South Africa, Western CapeRef. No - BFS00414
Sector - Sales & Services
Summary
This business was started in 2011 with the original idea to remove the inconvenience associated with wheel repair for owners and to create a dependable mobile service business built on quality, efficiency and trust
As a result of above, the business escalated from repairing scratches, scuffs, curb marks, corrosion, peeling finishes to the existing business of developing unique relevant tools using it on-site at the clients premises including but not limited to specialized sanding, spraying, accurate colour matching, curing techniques- all done within 30 minutes!!
Mag wheels are one of the expensive parts of any vehicle that need to be continuously maintained as it also influences the wheel balancing of a vehicle and thus the safety of the vehicle
The owner is immigrating to the USA by end September and thus needs to sell this business very urgently and hence the reduced selling price of R1 million
The owner will be able to give training if a new owner can take over the business during September 2026
There are existing qualified staff that can continue in the business
All assets including the motor vehicle is fully paid for- there is huge opportunity to duplicate this success recipe into other areas of the Western Cape/SA
Give me more informationHow long has the business been established?
Since 2011
Is the business VAT Registered?
Full audited financials/updated management accounts are available
Financials to end February 2026-
Annual turnover R1,238 million, COS R114,790 (9%), NP (EBITDA) R876,331
Updated management accounts- 1/3/2026 to 30/6/2026
Turnover R471,725, COS R44,814 (9,5%), NP (EBITDA) R334,083
SELLING PRICE
R1 million
How many employees?
Master technician part of business
What are the main assets of the business?
A full list of equipment and info of the motor vehicle is available for interested buyers
What is the reason for the sale?
The owner is moving overseas end September 2026
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