Business For Sale. Panelbeaters - Gauteng (gp)

This franchised business was started in 2009 and is situated in a busy road in Pretoria among other car dealerships.

Initially the business started as a car-wash/valet service and progressed by doing small repairs on vehicles and reconditioning/repairs for private clients. The company receives several insurance claim jobs through drive in clients getting quotes.

Quality standards are extremely high supported by good management, dedication and great team work.

About 70% of the market is second-hand dealers with the balance being made-up of walk-in customers. Some of the Insurance Companies providing work include Wesbank, Santam and Mutual and Federal.

The staff compliment comprises some 35 employees including three managers, two admin staff and the remainder make up a permanent labour force.

Based on actual trading for the first part of the 2010 financial year, all indications are that the achievement of the forecast is on track. Projections and assumptions for 2011 including actual trading figures for March 2010 to date are available from the owners.

A detailed asset list will be made available to serious buyers as will all historical trading figures. A five-year lease is in place which expires 2014.

Kindly contact the mandating Broker for more information.