Visit this listing at https://www.sbx.com.au/business?id=G1742

Business Code: G1742

Key Features: Automotive mechanical workshop, tyres, upholstery & freehold

State: NSW

Location: Situated at a major intersection & very close to the M4 Motorway in an Industrial Unit in the Western Suburbs

Description

Automotive mechanical workshop, tyres & upholstery including freehold - offering a one stop shop for car servicing, log book entries, tyres & wheels and electrical repairs, rego inspections, oil coolers, wheel alignments and balancing, wheel repairs, car trimming and all upholstery. - Mechanical work 70%, electrical work 15% & tyres 15% of the business. - The Freehold is optional. - The vendor would consider selling the business independently.

Summary

  • Features: Same owner for last 18 years.- Very strong client base. - Many clients for over 20 years. - Well established independent operator. - Totally a one stop shop. - Great service.
  • Potential: Successful & profitable business - Could add new product lines. - Lots of room to increase tyre sales with great margins - Could be run under management.
  • Premises: Total area of over 500 sq. mts. with 5 hoists, workshop facility, fully equipped, reception area, kitchen, 2 offices plus storage area.
  • Trading Hours: 5.5 days - Mon. to Fri. - 8 a.m. - 5 p.m. - Sat. - 8 a.m. - 12 noon
  • Lease: Operates from 2 connected industrial units - Unit. 1 owned by the vendor - Unit. 2 on lease for 5 years which commenced 2017 - C.P.I. increases - Leased unit rent $1010 p.w., owned unit rent $813 p.w.
  • Employees: 1 full time owner operator mechanic (not on the tools) + 8 staff + 1 office Manager (wife)
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$31,722

Cost of Goods

$12,425

Gross Profit

$19,297

Rent

$919

Wages

$10,214

Outgoings

$15

Telephone

$140

Insurance

$245

Electricity

$211

Misc1

$154

Total Expenses

$11,898

Estimated Stock (Additional)

$85,000

Net Profit

$7,399

Price

$2,100,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Tyres - Mechanical Repairs - Electrician -Freehold

Business Code: G1742
Price: $2,100,000
+ Estimated SAV $85,000

Key Features: Automotive mechanical workshop, tyres, upholstery & freehold

State: NSW

Location: Situated at a major intersection & very close to the M4 Motorway in an Industrial Unit in the Western Suburbs

Description

Automotive mechanical workshop, tyres & upholstery including freehold - offering a one stop shop for car servicing, log book entries, tyres & wheels and electrical repairs, rego inspections, oil coolers, wheel alignments and balancing, wheel repairs, car trimming and all upholstery. - Mechanical work 70%, electrical work 15% & tyres 15% of the business. - The Freehold is optional. - The vendor would consider selling the business independently.

Summary

  • Features: Same owner for last 18 years.- Very strong client base. - Many clients for over 20 years. - Well established independent operator. - Totally a one stop shop. - Great service.
  • Potential: Successful & profitable business - Could add new product lines. - Lots of room to increase tyre sales with great margins - Could be run under management.
  • Premises: Total area of over 500 sq. mts. with 5 hoists, workshop facility, fully equipped, reception area, kitchen, 2 offices plus storage area.
  • Trading Hours: 5.5 days - Mon. to Fri. - 8 a.m. - 5 p.m. - Sat. - 8 a.m. - 12 noon
  • Lease: Operates from 2 connected industrial units - Unit. 1 owned by the vendor - Unit. 2 on lease for 5 years which commenced 2017 - C.P.I. increases - Leased unit rent $1010 p.w., owned unit rent $813 p.w.
  • Employees: 1 full time owner operator mechanic (not on the tools) + 8 staff + 1 office Manager (wife)
  • Sale Reason: Retiring
  • Comments: Full financials available for serious buyers. - The figures shown on this listing are based on the 2020 FY P&L. - The price includes the freehold which was valued in 2020 for $1.25M. -

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)

$31,722

Cost of Goods

$12,425

Gross Profit

$19,297

Rent (ex GST)

$919

Wages

$10,214

Outgoings

$15

Telephone

$140

Insurance

$245

Electricity

$211

Misc1

$154

Total Expenses

$11,898

Estimated Stock (Additional)

$85,000

Net Profit

$7,399

Price

$2,100,000
+ Estimated SAV $85,000

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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.