Visit this listing at https://www.sbx.com.au/business?id=SFG1047

Business Code: SFG1047

Key Features: Smash Repairs - Panel Beater - Automotive - $36,000 gross p.w. - Superb facility

State: NSW

Location: Situated in large North Coast town with large catchment area

Description

Automotive -smash repairer - panel beating workshop. - This extremely well established automotive business is the largest and best known smash repairer within this Mid to North Coast town. - The business is the local recommended IAG / NRMA repairer and undertakes all insurance and private work for cars and trucks. - Workshop with equipment would be valued at around $1.5m + and features two spray booths, paint mixing room with ventilation, panel beating area 27m x 27m, paint shop area 36m x 18m, front office, storeroom, backup office, parts receiving area, mezzanine, stainless steel work benches, dedicated car wash area and onsite parking for over 40 vehicles

Summary

  • Features: Superb facility unequalled in area. - Approved repairer by all major insurers. -Extremely well established. - Limited opposition. - IAG recommended repairer - Unrivalled reputation. - Huge catchment area.
  • Potential: Business can be further enhanced with website and social media
  • Premises: Superb facility with two spray booths and various dedicated work areas and mezzanine totalling 1200 sq. mts.
  • Trading Hours: 5 days - 7.30 a.m. - 4.15 p.m.
  • Lease: New lease available @$1400 p.w. net of gst with 3% p.a. increases. - Bond and term subject to negotiation
  • Employees: 2 owners + 3 full time panel beaters+ 2 full time painters+ 1 apprentice spray painter+ 1 office assistant.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$36,500

Cost of Goods

$16,500

Gross Profit

$20,000

Rent

$1,400

Wages

$9,500

Telephone

$100

Insurance

$710

Electricity

$125

Misc1

$3,765

Total Expenses

$15,600

Net Profit

$4,400

Price

$495,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Smash Repairs - Panel Beater - Automotive

Business Code: SFG1047
Price: $495,000

Key Features: Smash Repairs - Panel Beater - Automotive - $36,000 gross p.w. - Superb facility

State: NSW

Location: Situated in large North Coast town with large catchment area

Description

Automotive -smash repairer - panel beating workshop. - This extremely well established automotive business is the largest and best known smash repairer within this Mid to North Coast town. - The business is the local recommended IAG / NRMA repairer and undertakes all insurance and private work for cars and trucks. - Workshop with equipment would be valued at around $1.5m + and features two spray booths, paint mixing room with ventilation, panel beating area 27m x 27m, paint shop area 36m x 18m, front office, storeroom, backup office, parts receiving area, mezzanine, stainless steel work benches, dedicated car wash area and onsite parking for over 40 vehicles

Summary

  • Features: Superb facility unequalled in area. - Approved repairer by all major insurers. -Extremely well established. - Limited opposition. - IAG recommended repairer - Unrivalled reputation. - Huge catchment area.
  • Potential: Business can be further enhanced with website and social media
  • Premises: Superb facility with two spray booths and various dedicated work areas and mezzanine totalling 1200 sq. mts.
  • Trading Hours: 5 days - 7.30 a.m. - 4.15 p.m.
  • Lease: New lease available @$1400 p.w. net of gst with 3% p.a. increases. - Bond and term subject to negotiation
  • Employees: 2 owners + 3 full time panel beaters+ 2 full time painters+ 1 apprentice spray painter+ 1 office assistant.
  • Sale Reason: Retirement
  • Comments: Misc.- 1 - All other expenses as per accounting software. - Very rare opportunity to purchase the leading smash repairer within North Coast area. - Superb facility that cannot be rivalled within it's district. - The business utilises Auto quote for quoting and Ontrack for scheduling. - The business is CM3 compliant which ensures WHS
    full compliance. - IAG / NRMA is the dominant insurer in this regional area and as this business is the approved and recommended IAG repairer - A huge inventory of equipment is included in the sale which is arguably worth more than the asking price and includes seven courtesy vehicles as well as all the relevant smash, paint and panel equipment.

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)

$36,500

Cost of Goods

$16,500

Gross Profit

$20,000

Rent (ex GST)

$1,400

Wages

$9,500

Telephone

$100

Insurance

$710

Electricity

$125

Misc1

$3,765

Total Expenses

$15,600

Net Profit

$4,400

Price

$495,000

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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.