Visit this listing at https://www.sbx.com.au/business?id=SFG1048

Business Code: SFG1048

Key Features: Automotive - Mechanical Repairs - Tyre Outlet - Nets $5,500 p.w

State: NSW

Location: Prominent landmark location at busy intersection in South West Sydney.

Description

Automotive - Mechanical repairs - Tyre sales. - This long established and superbly located mechanical workshop and tyre outlet is the leading workshop by way of size, turnover and reputation within it's immediate locality. - The business has two dedicated workshops, one specialising in automotive repairs, whilst the other focuses on tyre sales and fitting. - Another key part of the business is it's suspension repair and modification specialty. - Between the workshops there are 11 service bays, 7 featuring hoists and one specifically for wheel alignments. - A well equipped office, separate storage facilities and a mezzanine level enhance the functionality.

Summary

  • Features: Well established. - High profits. - High visibility. - Multiple income streams. - Unrivalled location. - Excellent reputation.
  • Potential: Enhance marketing via development of website - utilise Facebook communication and marketing. - Further enhance local community ties.
  • Premises: Triple fronted mechanical workshops complete with external advertising featuring spacious workshops totalling 250 sq mts.
  • Trading Hours: 6 days - Mon. - Fri. - 8 a.m. - 5 p.m. - Sat. - 8 a.m. - 1 p.m.
  • Lease: 2 separate leases for the two adjoining workshops. - Lease 1 -expires 31/3/22 + a 5 year - Lease 2 - expires 30/6/21 + 5 yr. option - CPI increases - 3 month bond
  • Employees: 2 part time owners + 1 full-time Manager + 5 full-time mechanics.
  • Comments:

Weekly Summary

Weekly Takings (inc GST)

$37,000

Cost of Goods

$17,020

Gross Profit

$19,980

Rent

$3,000

Wages

$9,000

Telephone

$205

Insurance

$380

Electricity

$65

Misc1

$1,890

Total Expenses

$14,540

Estimated Stock (Additional)

$5,000

Net Profit

$5,440

Price

$850,000

Contact SBX

NSW (02) 9439 4403

QLD / VIC 1300 366 655

Email sales@sbx.com.au

Automotive - Mechanical Repairs - Tyre Sales

Business Code: SFG1048
Price: $850,000

Key Features: Automotive - Mechanical Repairs - Tyre Outlet - Nets $5,500 p.w

State: NSW

Location: Prominent landmark location at busy intersection in South West Sydney.

Description

Automotive - Mechanical repairs - Tyre sales. - This long established and superbly located mechanical workshop and tyre outlet is the leading workshop by way of size, turnover and reputation within it's immediate locality. - The business has two dedicated workshops, one specialising in automotive repairs, whilst the other focuses on tyre sales and fitting. - Another key part of the business is it's suspension repair and modification specialty. - Between the workshops there are 11 service bays, 7 featuring hoists and one specifically for wheel alignments. - A well equipped office, separate storage facilities and a mezzanine level enhance the functionality.

Summary

  • Features: Well established. - High profits. - High visibility. - Multiple income streams. - Unrivalled location. - Excellent reputation.
  • Potential: Enhance marketing via development of website - utilise Facebook communication and marketing. - Further enhance local community ties.
  • Premises: Triple fronted mechanical workshops complete with external advertising featuring spacious workshops totalling 250 sq mts.
  • Trading Hours: 6 days - Mon. - Fri. - 8 a.m. - 5 p.m. - Sat. - 8 a.m. - 1 p.m.
  • Lease: 2 separate leases for the two adjoining workshops. - Lease 1 -expires 31/3/22 + a 5 year - Lease 2 - expires 30/6/21 + 5 yr. option - CPI increases - 3 month bond
  • Employees: 2 part time owners + 1 full-time Manager + 5 full-time mechanics.
  • Sale Reason: Retirement
  • Comments: Misc.- 1 - All other expenses as per profit and loss. - Quoted figures are the approximate average for last 5 years financials. - Full due diligence documentation available to serious potential purchasers. - A rare opportunity to purchase a high turnover superbly located automotive workshop and independent tyre outlet

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)

$37,000

Cost of Goods

$17,020

Gross Profit

$19,980

Rent (ex GST)

$3,000

Wages

$9,000

Telephone

$205

Insurance

$380

Electricity

$65

Misc1

$1,890

Total Expenses

$14,540

Estimated Stock (Additional)

$5,000

Net Profit

$5,440

Price

$850,000

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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.