South Sydney
NSW
$250,000
Automotive Workshop - Service - Mechanical RepairsPrice: $469,000Net Profit: $6,202 |
Visit this listing at https://www.sbx.com.au/business?id=FMT1047 |
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Business Code: FMT1047 Key Features: Mechanical Workshop Net $310k pa Figures Owner retire after 40 yrs Nth Beaches State: NSW Suburb: Brookvale, 2100 Location: Situated in a mixed zone of factories and retail close to all amenities in Northern Beaches. DescriptionAutomotive workshop fully equipped with the latest diagnostic equipment and tools to ensure all customer requirements can be met. - Diversified income streams which include mechanical servicing and repair, full roadworthy inspection certification, tyre sales and fitting / wheel aligning, clutch and brake repairs, steering and suspension maintenance, cooling / radiator systems. - The main workshop area consists of 4 working bays with 3 hoists, tyre fitting and wheel aligning area etc. Summary
Weekly SummaryWeekly Takings (inc GST)$24,222Cost of Goods$11,474Gross Profit$12,748Rent$1,696Wages$3,284Telephone$108Insurance$451Electricity$53Misc1$928Misc2$26Total Expenses$6,546Estimated Stock (Additional)$60,000Net Profit$6,202Price$469,000 |
Contact SBXNSW (02) 9439 4403 QLD / VIC 1300 366 655 Email sales@sbx.com.au |
Automotive Workshop - Service - Mechanical Repairs
Business Code: FMT1047
Price: $469,000
+ Estimated SAV $60,000
Key Features: Mechanical Workshop Net $310k pa Figures Owner retire after 40 yrs Nth Beaches
State: NSW
Suburb: Brookvale, 2100
Location: Situated in a mixed zone of factories and retail close to all amenities in Northern Beaches.
Description
Automotive workshop fully equipped with the latest diagnostic equipment and tools to ensure all customer requirements can be met. - Diversified income streams which include mechanical servicing and repair, full roadworthy inspection certification, tyre sales and fitting / wheel aligning, clutch and brake repairs, steering and suspension maintenance, cooling / radiator systems. - The main workshop area consists of 4 working bays with 3 hoists, tyre fitting and wheel aligning area etc.
Summary
- Features: During the current economic climate, this business has seen an increase in sales and has continued steady growth. - Large customer base - Repeat clientele - This business has an outstanding word of mouth reputation, as well as many 5-star online reviews.
- Potential: Develop a website. - Introduce digital marketing. - Partner with local businesses in the automotive industry.
- Premises: The workshop has a area of 350 sq mts. plus a front office area - The main workshop area consists of working bays, hoists, tyre fitting and wheel aligning area, machinery rooms, wash down bay and mezzanine area for storage.
- Trading Hours: 6 days - Mon. - Fri. - 8 a.m. - 5 p.m. - Sat. - 8 a.m. - 1 p.m.
- Lease: New lease available to suit - Vendor is the landlord.
- Employees: 2 owners. (One owner works in the office) + 2 full time mechanics + 1 casual mechanic.
- Sale Reason: Owners retiring.
- Comments: Currently operated by a husband and wife team. - Staff are in place and the current, retiring owners are happy to work with an incoming owner to facilitate a successful handover. - The 2 current owners could ideally be replaced by one full-time mechanic and one full-time admin person. -Easy to learn systems and processes are in place to efficiently manage bookings, quoting and accounting functions. - The business is consistently busy despite zero marketing efforts and a zero digital presence. - This is very reflective of how well the business is run.
Disclaimer: Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.
Weekly Summary
Weekly Takings
(inc GST)
$24,222
Cost of Goods
$11,474
Gross Profit
$12,748
Rent (ex GST)
$1,696
Wages
$3,284
Telephone
$108
Insurance
$451
Electricity
$53
Misc1
$928
Misc2
$26
Total Expenses
$6,546
Estimated Stock (Additional)
$60,000
Net Profit
$6,202
Price
$469,000
+ Estimated SAV $60,000
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The information contained on each individual business for sale has been gathered from the vendor or landlord and/or professional service providers and is believed to be accurate and current as at the date of publication. SBX Business Brokers provides no warranties of any nature are given, intended or implied and prospective purchasers must rely on their own enquiries and should verify the accuracy of information before proceeding.
