Visit this listing at https://www.sbx.com.au/business?id=SF1358

Business Code: SF1358

Key Features: Smash Repairs - Automotive - Sales $30,000 pw - Eastern Suburbs, Sydney

State: NSW

Suburb: Sydney

Location: Amazing location in the Eastern Suburbs.

Description

Automotive smash repairs - A separate workshop, paint booth, office, holding yard and storeroom - Undertaking body repairs and crash repairs on most vehicle sizes - Also organises restoration to major chassis damage, rust repairs, third party insurance repairs, dent removal, re-sprays and fleet work - Certified repairer for all insurers - Mix of commercial and domestic work.- A two page confidentiality needs to be signed by any interested buyers prior to receiving address or meeting with the vendor - Fully equipped and High equipment value!!

Summary

  • Features: Brilliant location - No outgoings on the lease - Excellent signage and street exposure - Low rent - Well established workshop with full equipment - Large data base of regular customers. - Excellent reputation for quality work within local area - Current owner 10 years.
  • Potential: Increase preferred referees - Do some marketing and advertising - Only smash repair business in area - Approach more dealerships.
  • Premises: Large workshop and office, fully equipped paint room, spectrometer with an area of over 350 sq. mts.
  • Trading Hours: 5.5 days - Mon. - Fri. - 7 a.m. - 5 p.m. - Sat. - 8 a.m. till 12 p.m.
  • Lease: Current lease August 2020 + 5 year option - 3% increases - 3 month bond
  • Employees: 1 owner - 2 part timers + 3-4 casuals + 1 contractor
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$30,000

Cost of Goods

$15,800

Gross Profit

$14,200

Rent

$2,065

Wages

$3,800

Telephone

$50

Insurance

$320

Electricity

$100

Gas

$90

Misc1

$750

Total Expenses

$7,175

Estimated Stock (Additional)

$50,000

Net Profit

$7,025

Price

$548,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Smash Repairs - Automotive - Motor Workshop

Business Code: SF1358
Price: $548,000
+ Estimated SAV $50,000

Key Features: Smash Repairs - Automotive - Sales $30,000 pw - Eastern Suburbs, Sydney

State: NSW

Suburb: Sydney

Location: Amazing location in the Eastern Suburbs.

Description

Automotive smash repairs - A separate workshop, paint booth, office, holding yard and storeroom - Undertaking body repairs and crash repairs on most vehicle sizes - Also organises restoration to major chassis damage, rust repairs, third party insurance repairs, dent removal, re-sprays and fleet work - Certified repairer for all insurers - Mix of commercial and domestic work.- A two page confidentiality needs to be signed by any interested buyers prior to receiving address or meeting with the vendor - Fully equipped and High equipment value!!

Summary

  • Features: Brilliant location - No outgoings on the lease - Excellent signage and street exposure - Low rent - Well established workshop with full equipment - Large data base of regular customers. - Excellent reputation for quality work within local area - Current owner 10 years.
  • Potential: Increase preferred referees - Do some marketing and advertising - Only smash repair business in area - Approach more dealerships.
  • Premises: Large workshop and office, fully equipped paint room, spectrometer with an area of over 350 sq. mts.
  • Trading Hours: 5.5 days - Mon. - Fri. - 7 a.m. - 5 p.m. - Sat. - 8 a.m. till 12 p.m.
  • Lease: Current lease August 2020 + 5 year option - 3% increases - 3 month bond
  • Employees: 1 owner - 2 part timers + 3-4 casuals + 1 contractor
  • Sale Reason: Owner needs a change and other business interests outside Sydney
  • Comments: Misc. 1 - Other general expenses - Personal items in the office not included in the sale. -
    High Equipment Value which includes 2 welders spray booth courtesy cars, digital measuring, chassis machine - a separate towing business may also be available for an extra $150k. (Details available at inspection) - A two page confidentiality needs to be signed by any interested buyers prior to receiving address or meeting with the vendor.
    Please contact your broker for more details - Good records available after a meeting. A must to inspect.

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)

$30,000

Cost of Goods

$15,800

Gross Profit

$14,200

Rent (ex GST)

$2,065

Wages

$3,800

Telephone

$50

Insurance

$320

Electricity

$100

Gas

$90

Misc1

$750

Total Expenses

$7,175

Estimated Stock (Additional)

$50,000

Net Profit

$7,025

Price

$548,000
+ Estimated SAV $50,000

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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.