Retail - Auto Accessories

Business Code: CB1297


Key Features: Great business

State: NSW

Suburb: Preston, 2170

Location: Prominent position in industrial retail complex on major road in South West Sydney.

Description

Retail auto accessories outlet specialising in 4wd vehicle accessory sales and fitting - Operates under a licensing agreement with well known National supplier with a dedicated exclusive territory - Extensive open plan interactive retail and display area of 220 sq.mts. and 260 sq.mt. workshop, with rear access and single hoist - Local 4wd vehicle dealerships also supply customers for aftermarket accessories and fitting.

Summary

  • Features: Leading Sydney dealer - Very popular product - Wide range on display - Busy workshop with good margins. - Top outlet in state.

  • Potential: Expand range of products - appoint on road sales rep - current owner is prepared to manage business for new owner.

  • Premises: Strong impression created by outdoor graphics of business model leading to impressive open plan retail display area with large workshop, mezzanine office and an area of 480 sq. mts.

  • Trading Hours: 6 days - Mon. - Fri. - 8.30 a.m. - 5.30 p.m. - Sat. - 9.00 a.m. - 4.00 p.m.

  • Lease: Current lease expires May, 2021 - C.P.I. increases - Bond 3 months.

  • Employees: 2 owners - 4 fulltimers.

  • Comments: Misc. - 1 - Trade waste - Income is gst inclusive - Security provided by CCTV cameras - Installing back to base alarm system - Member of Motor Trades Association of Australia. - Late model branded and fully accessorised HiLux ute not included in sale but available.

Weekly Summary

Weekly Takings
(inc GST)

$28,700

Cost of Goods

$14,300

Gross Profit

$14,400

Rent

$1,200

Wages

$4,200

Telephone

$50

Insurance

$135

Electricity

$200

Misc1

$45

Total Expenses

$5,830

Estimated Stock (Additional)

$130,000

Equipment (Included)

$250,000

Net Profit

$8,570

Price

$500,000

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