REDUCED – Well Estab. Automotive / Car Workshop North Shore

Price: $198,000 Location: North Shore - Lower, NSW Ref: 4846318
Agent:
Jun Chung
Agent Phone:
Office Phone:
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Business Headline :
REDUCED – Well Estab. Automotive / Car Workshop North Shore
Price :
$198,000
Category :
Automotive, Mechanical Repair, Auto Electrical, Accessories/Parts
Full Description :

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

To receive further information please complete the below registration: https://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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