Description
AgencyRef: 2898-ref-1737 Updated 04/09/2025 Established Auto Electrical and Air Conditioning Business for Sale Margate Auto Electrical and Air Conditioning offers an exceptional opportunity to own and operate a successful business. With 24 years of established presence, this well-known business in the area comes with everything you need to hit the ground running. Key features include: -Established Business: Operating for 24 years, with a loyal and growing clientele. -SARS Compliant: Full financials, inventory lists, and customer database available for review by serious buyers. -Smooth Transition: Minimal interruption to business operations during the handover process. The business is well-recognized locally, ensuring continuity and ease of operation. -Complete Inventory & Equipment: All necessary tools and equipment included for seamless business operation. A comprehensive list of assets will be provided. It is registered in a CC, so a new company would be established to take over the existing as the owner will be selling without the CC. -Experienced Team: The business can be purchased with or without the existing staff. The two current apprentices are on contract with funded training through MERSETA and will continue with the business post-sale to complete their qualifications. Sale Price: With Staff: R 1 100 000 Without Staff: R 1 550 000. -Rental Property: The property is not for sale, but a monthly rental agreement with the landlord will apply. The building spans 100 square meters, situated off the main Marine Road, providing excellent visibility for the business. -Parking: 8 bays are available in front of the shop, with additional parking for 10 vehicles behind the building for overflow. -Licenses & Permits: All necessary licenses and permits are in place to operate legally under South African company laws. The company is a member of AEASA (Auto Electrical Association of South Africa) -Energy Backup: Single-phase electricity with a backup inverter system in place. This business is a great opportunity for an investor or someone looking to take over an established operation in the thriving auto electrical and air conditioning sector. Reason for Sale: The current owner is relocating to another province. Donât miss out on this prime business opportunity. Call Real and Proper T, today to schedule a viewing and learn more! Agency reference number: 2898-1737