REDUCED - Well Estab. Automotive / Car Workshop
North Shore

Industry: Automotive - Mechanical Repair | Listed by: ABBA Group
Key Strengths
About this business

Business Headline : REDUCED - Well Estab. Automotive / Car Workshop North Shore


Price : $198,000


Category : Automotive, Mechanical Repair, Auto Electrical, Accessories/Parts


OWNER NEEDS TO SELL QUICKLY DUE TO HEALTH REASON!


WELL ESTABLISHED BUSINESS @ BELOW COST


 


This is a well established business and has been growing in the last 3 years.


The current owner has spent time and money growing the business but unfortunately, health issues are forcing him to sell.


The business specialises in European cars, but is not limited to them. It covers all types of mechanical repairs for motor vehicles including all regos, pink, blue and brown slips, tyres and wheel adjustments, brakes, discs, batteries, routine services and check ups - a mix of commercial and domestic work.


POTENTIAL:



  • Owner operator would save wages and also increase customer service level

  • Premise is large enough to promote part sales and provide extra services

  • More room for marketing to expand the business

  • Huge potential in taking on contracts and online marketing

  • Could open on Saturdays 

  • Could easily increase sales by adding more staff - auto electricians, tow trucks etc.


FEATURES:



  • Potential to negotiate good lease terms as the vendor is the landlord

  • Spacious area of approx 150sqm with waiting area, reception and office

  • Dual street entry

  • Affluent north shore area


This business will be suited to multiple of buyers, based on the owner\'s availability, skill level and commitment.


Well suited for under management or owner operated.


 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4846318#enquire-now

Annual Rent : $101,572 -
Weekly Rent : $1,953


Annual Turnover : $650,000 -
Weekly Turnover : $12,500


Annual Gross Profit : $434,200 -
Weekly Gross Profit : $8,350


Annual Ebit : $171,600 -
Weekly Ebit : $3,300


Premise : Leased


Lease Commencement : Jan 2019


Lease End : Jan 2024


Lease Option:
5 years


Current Outgoings pa: $2,175



Franchise : No


Year Purchased : 2015


Year Established : 2015


Days Trading : 5


Staff Salaries : $58,500


Reason for Sale : Health issue


Location : Lower North Shore


Business Potential : Owner operator, Promotions, marketing

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Business Name / Ref #:
Contact Advertiser
Location:
ARTARMON
NSW
Asking Price:
$198,000
Revenue:
Year Established:
No.of Employees:
-
Gross Profit:
Fixtures:
Stock:
Lease:
101572
Trading Hours:
Website:
Contact Details:
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Advertiser Details

Sales, Mergers & Acquisitions
Location: Level 1, 183 Harris Street
PYRMONT NSW 2009, New South Wales
2009, Australia

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REDUCED - Well Estab. Automotive / Car Workshop North Shore ListingImage
About this business

Business Headline : REDUCED - Well Estab. Automotive / Car Workshop North Shore


Price : $198,000


Category : Automotive, Mechanical Repair, Auto Electrical, Accessories/Parts


OWNER NEEDS TO SELL QUICKLY DUE TO HEALTH REASON!


WELL ESTABLISHED BUSINESS @ BELOW COST


 


This is a well established business and has been growing in the last 3 years.


The current owner has spent time and money growing the business but unfortunately, health issues are forcing him to sell.


The business specialises in European cars, but is not limited to them. It covers all types of mechanical repairs for motor vehicles including all regos, pink, blue and brown slips, tyres and wheel adjustments, brakes, discs, batteries, routine services and check ups - a mix of commercial and domestic work.


POTENTIAL:



  • Owner operator would save wages and also increase customer service level

  • Premise is large enough to promote part sales and provide extra services

  • More room for marketing to expand the business

  • Huge potential in taking on contracts and online marketing

  • Could open on Saturdays 

  • Could easily increase sales by adding more staff - auto electricians, tow trucks etc.


FEATURES:



  • Potential to negotiate good lease terms as the vendor is the landlord

  • Spacious area of approx 150sqm with waiting area, reception and office

  • Dual street entry

  • Affluent north shore area


This business will be suited to multiple of buyers, based on the owner\'s availability, skill level and commitment.


Well suited for under management or owner operated.


 


To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4846318#enquire-now

Annual Rent : $101,572 -
Weekly Rent : $1,953


Annual Turnover : $650,000 -
Weekly Turnover : $12,500


Annual Gross Profit : $434,200 -
Weekly Gross Profit : $8,350


Annual Ebit : $171,600 -
Weekly Ebit : $3,300


Premise : Leased


Lease Commencement : Jan 2019


Lease End : Jan 2024


Lease Option:
5 years


Current Outgoings pa: $2,175



Franchise : No


Year Purchased : 2015


Year Established : 2015


Days Trading : 5


Staff Salaries : $58,500


Reason for Sale : Health issue


Location : Lower North Shore


Business Potential : Owner operator, Promotions, marketing

Revenue:

Year Established:

No.of Employees:-

Gross Profit:

Fixtures:

Stock:

Lease:101572

Trading Hours:

Website:

$198,000

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