Visit this listing at https://www.sbx.com.au/business?id=GNGDS1046

Business Code: GNGDS1046

Key Features: Well known - Established over 40 years - Takings $40,000 p.w.

State: VIC

Location: Main road location, business trading as panel shop for 45 years in well established location in Victoria West.

Description

Automotive smash repair workshop with great industry reputation delivering quality panel and paint services in prime location. - Repairs on all vehicle makes and models. -Accredited and award winning workshop with good work flow. - Services both fleet and private customers along with many corporate contracts. - Full turn key operation running under management with minimal vendor efforts. - No experience required for new buyer as the complete business is run on software systems and easy to learn.

Summary

  • Features: Multi award winning panel shop with amazing long term potential. - Royal Flying Doctors plus multiple other fleet contracts - Busy main road premises - Full turn key package with staff competent to work independently.
  • Potential: Business currently has both private and fleet customers. There is potential to hire a second premises and run one for private customers and the other fleet customers.
  • Premises: Renovated premises. New equipment. Staff kitchen. Office upstairs plus security system with extra computers and storage.
  • Trading Hours: 6 days - Mon.- Fri. - 8 a.m. to 5 p.m. - Sat. - 9 a.m. to 1 p.m.
  • Lease: Current 4 year lease expires Oct. 2024 + 2 x 4 year options. - Option to buy building from the landlord.
  • Employees: 2 owners (1 works in the business) + 1 full time shop manager + 1 full time office manager+ 1 part time admin+ 2 full time panel beater assembly + 1 full time spray painter
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$40,000

Cost of Goods

$15,000

Gross Profit

$25,000

Rent

$1,125

Wages

$7,151

Telephone

$40

Insurance

$500

Electricity

$150

Gas

$350

Misc1

$100

Misc2

$1,000

Total Expenses

$10,416

Estimated Stock (Additional)

$30,000

Equipment (Included)

$150,000

Net Profit

$14,584

Price

$1,140,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

PREMIUM LISTING

Panel Beater - Smash Repairs - Automotive - Mechanical

Business Code: GNGDS1046
Category: Automotive
State: VIC

Key Highlights

  • Multi award winning panel shop with amazing long term potential.
  • Royal Flying Doctors plus multiple other fleet contracts
  • Busy main road premises
  • Full turn key package with staff competent to work independently.

About the Business For Sale

Automotive smash repair workshop with great industry reputation delivering quality panel and paint services in prime location. - Repairs on all vehicle makes and models. -Accredited and award winning workshop with good work flow. - Services both fleet and private customers along with many corporate contracts. - Full turn key operation running under management with minimal vendor efforts. - No experience required for new buyer as the complete business is run on software systems and easy to learn.


Disclaimer: The images shown are stock photos and are for illustrative purposes only and do not represent the actual business for sale. Please note that the business information provided may be affected by COVID-19. Please speak to your broker for more information.

Yearly Summary

Figures include GST unless stated otherwise

Annual Revenue

$2,000,000

Estimated Stock (Additional)

$30,000

Net Profit

$760,000

Price

$1,140,000
+ Estimated SAV $30,000

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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.