Automotive – Mechanical Repairs – Under Management

For Sale

·
South West Sydney

Business Code: CB1541

$500,000
+ Estimated Stock (SAV) $30000
Key Features: Long established - Great position - Good lease and rent - Strong local support - Excellent social media presence - Huge data base of clients - Plenty of car parking spaces - Strong emphasis on advertising and updated website - Excellent reviews.
State: NSW
Suburb: Minto
Location: Prominent location, with great access, in established industrial area in thriving South West Sydney suburb only 2 minutes from train station.
Premises: Large, well presented and ordered premises with 220sqm shop floor, and mezzanine storage, office and administration area.

Concentrate on other business interests.

Sale Reason

1989

Established

On site.

Parking

1 owner ( 3 days ) + Manager/ mechanic (full time ) + 1 Administration (15 hrs/wk) + 1 full timer + 1 x 3rd year apprentice.

Employees

5 days - Mon. - Fri. - 7.00 a.m - 4.30 p.m.

Trading Hours

Current lease commenced 1st April, 2023 + 5 years + 5 years - Increase CPI or 4% whichever is higher.

Lease

Automotive business, long established and under workshop management, offering a full suite of services including mechanical repairs, diagnostics, log book servicing including fleets, radiator cooling systems, tyre repairs, brakes and suspension, wheel aligning, rego checks and complex repairs such as total engine overhaul. The business is very well equipped with 4 hoists including 1 x 4 post, 2 x 2 post and scissor lift, 2 x diagnostic machines, and new wheel aligner. An updated computer system with Zero and Capricorn software is fitted, a new phone system is installed, and AMWIN installed for the workshop operations.

Features

Long established - Great position - Good lease and rent - Strong local support - Excellent social media presence - Huge data base of clients - Plenty of car parking spaces - Strong emphasis on advertising and updated website - Excellent reviews.

Potential

Open Saturday mornings to take advantage of continuing high level of inquiries - Ideal family business.

Comments

Misc.- 1 - Advertising - Misc.- 2 - MV expenses ($175) Waste removal ($60) - Manager's wage added back to reflect buyer/operator.

Weekly Summary

Figures exclude GST

Weekly Takings
$21940
Cost of Goods
$8550
Gross Profit
$13390
Rent
$1350
Wages
$5000
Telephone
$60
Insurance
$220
Electricity
$120
Misc 1
$450
Misc 2
$235
Total Expenses
$7435
Estimated Stock
(Additional)
$30000
Equipment
(Included)
$10000
Net Profit
$5955
Price
$500,000
+ Estimated Stock (SAV) $30000
Price
$500,000
+ Estimated Stock (SAV) $30000
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