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#Business ID: 38605

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Automotive Spares & Parts Opportunity in Mauritius For Sale

Business Location: Port Louis, Mauritius

Asking Price: R 21,850,000 Revenue: R 13,913,292 Cash Flow: R 6,908,604

Business Summary

A very lucrative business based in Mauritius was established in 2006. The owner started as a storekeeper in 1995 of a mechanical transport company, the future entrepreneur has not only found a job that he was passionate about but gradually traced his professional path that has led him to the creation of his company. This company specialises in the sale of mechanical parts of heavy vehicles, such as trucks and trailers.

The owner’s mission was to build up reserves of aftermarket parts for companies involved in logistics and transport. Its customers operate heavy trucks, tractors, towed assemblies, commercial vehicles, among others. It imports spare parts from several countries including Great Britain and Turkey, for example. This business has a good competitive advantage as it has 35% market share in the area. It is well-established in the local market, with loyalty customers and still has room for growth.

This business employs 8 staff members, a part-time cleaner and accountant. All staff members are well considered as part of the family with at least 10 years of loyalty with the business.

This business is selling for R21 850 000, excluding stock of +-R4 million and it generates an average monthly turnover of R1 159 441 with an average monthly net profit of R575 717 before the owners’ drawings.

Please contact us for more details.

Property Details

Years Established:

2006

FF&E:

R 2,745,974

Inventory Value:

R 3,874,300

Other Business Details

Business Location:

This business is situated in Mauritius.

Competition:

This business has a good competitive advantage as it has 35% market share in the area.

Business Operation Details

Employees:

8 employees

Trading Hours:

8am - 5pm

Miscellaneous Details

Reason For Selling:

The seller is planning to immigrate.

Contact this seller

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