Automotive Spares & Parts

Price : R 21,850,000
Listing Type : Motor Spares
Location : Mauritius
Ref No. : 2971
Year Established : 2006
No. of employees : 8
Trading Hours : 8am - 5pm
Turnover : R 1 159 441 pm
Cost of Sales : R 519 305 pm
Expenses : R 65 714 pm
Net Profit : R 575 717 pm
Asset Value : R 2 745 974
Stock Value : R 3 874 300

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.

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