About this Business: Service with two branches on busy national road. National Call Centre accredited. Very easy to manage and operate from WhatsApp-Call Centre.
History: This business has been in existence since 1992, and operates profitably.
Staff: 5 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 north of R2million(EBIT).
Assets: The asset inventory is valued at R3,5 million (59% asset value!)
Goodwill: Contracts with 29 Insurance Companies- (Outsurance, Discovery, Santam, MiWay, Hollard, etc) Also: Police, Traffic, Municipal, and government.
Reason for Selling: Owners want to venture into a new business opportunity.
ROI: 32%