Automotive – Smash Repairs – Panel Beating

For Sale

·
Central West NSW

Business Code: CB1476

$399,000.00
+ Estimated Stock (SAV) $20000
Key Features: Great position - Long established - Strong local support - Partnered agreement NRMA and Suncorp Group (GIO) - Very good relationships with local used car dealers, servicing "used car" repairs - Large modern premises with excellent parking for waiting damaged vehicles.
State: NSW
Suburb: Central Tablelands
Location: Prime location with frontage to busy road in light industrial area close to large Central Tablelands city CBD.
Premises: Large modern premises of 700 sq.mts, plus 90 sq.mts. office, includes storage room, kitchenette and total 8 separate bays, and separate wash area.
Price not disclosed

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Time to move on.

Sale Reason

1995

Established

On site

Parking

2 owners - 4 panel beaters - 2 painters - 1 mechanic/detailer.

Employees

5 days - Monday to Thursday: 8.00 am to 4.30 pm. Friday: 8.00 am to 3.30 pm.

Trading Hours

New lease available - 5 + 5 years - CPI increases - Bond 1 month.

Lease

Automotive -Smash Repair -Panel beating business, established nearly 30 years, and servicing a large Central Tablelands city and environs. The modern premises, erected in 2011, is designed to enable a smooth process to repair damaged vehicles, and has office, kitchenette, paint mix area, and has 8 bays including 2 x paint shops and 6 x workshop bays. A 4.5T 4 post hoist is installed in one bay. A separate wash area is located adjacent to the building. The business is in a partnered agreement with both IAG and Suncorp Group (GIO) – two major insurers, and does work for all other insurers and local dealers “used car” repairs. The property is fully fenced and strong security measures are in place. Repair bookings months in advance.

Features

Great position - Long established - Strong local support - Partnered agreement NRMA and Suncorp Group (GIO) - Very good relationships with local used car dealers, servicing "used car" repairs - Large modern premises with excellent parking for waiting damaged vehicles.

Potential

Install website - Target social media - Open Saturday mornings.

Comments

Misc. 1: Waste fees. Misc 2: Contractors (hail damage repairs). Figures do not display directors fees, which are added-back Computer software is Flexiquote and De Beer water-based paint is preferred application. The vendor has requested buyer supply own computer.

Weekly Summary

Figures exclude GST

Weekly Takings
$49800
Cost of Goods
$26370
Gross Profit
$23430
Rent
$2275
Wages
$12190
Telephone
$120
Insurance
$725
Electricity
$650
Misc 1
$275
Misc 2
$2000
Total Expenses
$18920
Estimated Stock
(Additional)
$20000
Equipment
(Included)
$250000
Net Profit
$4510
Price
$399,000.00
+ Estimated Stock (SAV) $20000

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