Long Established Automotive Services Business

Listing ID:
QUEENAU001-N50

Confidential, New South Wales, Australia

Other Services (except Public Administration)

Description

Operated by the same owner for in excess of thirty years, this business is presented for sale for the first time. based on the southern end of Queensland's Gold Coast, it has an excellent reputation, is extremely well presented and is highly visible in a high traffic area.

The current owner has ensured success by  diversifying the operation so it is not reliant on one section of the automotive repair, accesories and parts industry. it has been appointed as an authorised area distributor for ranges of 4x4 products, exhaust systems and suspension parts.This business would flourish under the operation of a full time hands on owner / operator.

Being staffed by fully qualified and experienced staff, the business does not necessarily need a qualified mechanic to operate it. A person with front office, sales / marketing background would be ideal.

Included in the sale is approximately $143,000.00 in well maintained plant and equipment. The vendor is prepared to either enter into a long term lease or consider selling the freehold property.

 

Financials

Asking Price:$450,000
Revenue:$876,767
Cash Flow: ON REQUEST
Downpayment: N/A
Monthly Payroll: ON REQUEST
FF&E Asking Price:$143,000 (Included in Asking Price)
Inventory Asking Price:$67,000
Financing Available?No

Property

Asking Price: ON REQUEST
Building Size:420 sq m

Other

Franchise?No
Homebased?No
Relocatable?Yes
Year Established:1982
Year Acquired:1982
Full-Time Employees:5
Part-Time Employees:N/A
Reason For Sale:Retirement and ill health.