Vermaak Properties Logo
You are here: Vermaak Properties / Latest News / Webuycars Acquires The Coca Cola Dome A Strategic Move

WeBuyCars Acquires the Coca-Cola Dome: A Strategic Move

SHOWING ARTICLE 43 OF 738
GALLERY

WeBuyCars Acquires the Coca-Cola Dome: A Strategic Move

Category Article

WeBuyCars, a leading player in the South African pre-owned vehicle market, made a significant acquisition in 2021 by purchasing the Coca-Cola Dome in Northgate, Johannesburg, for R175 million. The venue, initially designed as a large car showroom, has now been repurposed into a key retail and event space.

From Car Showroom to Major Retail Space

Originally, the Coca-Cola Dome was intended to serve as an expansive car exhibition venue. However, the venue's success was limited when car manufacturers failed to collaborate on the project. Following the pandemic's impact on large events, WeBuyCars saw an opportunity to transform the Dome into a high-volume space for the sale of pre-owned vehicles, making it one of the largest second-hand car dealerships globally.

WeBuyCars Dome: A Hub for Vehicle Sales and Events

The venue, now known as the WeBuyCars Dome, showcases up to 1,500 vehicles, including cars, motorcycles, caravans, trailers, and boats. The space has quickly become a prominent site in Johannesburg for vehicle sales, with thousands of cars being sold monthly. Additionally, the Dome remains a flexible venue, hosting various events, cementing its position as a multi-functional space for both commercial and entertainment purposes.

Disclaimer: The details provided in this article are based on available information and may not be entirely accurate. Vermaak Properties will not be held liable for any damages arising from reliance on this content.

Author Slate Volschenk
Published 22 Nov 2024 / Views -
Disclaimer:  While every effort will be made to ensure that the information contained within the Vermaak Properties website is accurate and up to date, Vermaak Properties makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.