Visit this listing at https://www.sbx.com.au/business?id=FMT1047

Business Code: FMT1047

Key Features: Northern Beaches -Mechanical -Tyre Outlet - Nets $ 310,104 p.a Full Financials.

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.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$24,222

Cost of Goods

$11,474

Gross Profit

$12,748

Rent

$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

$475,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Automotive - Tyres - Service - Mechanical Repairs

Business Code: FMT1047
Price: $475,000

Key Features: Northern Beaches -Mechanical -Tyre Outlet - Nets $ 310,104 p.a Full Financials.

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

$475,000

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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.