Smash Repairs – Automotive – Motor Workshop

For Sale

·
Eastern Suburbs

Business Code: SF1358

$598,000.00
+ Estimated Stock (SAV) $50000
Key Features: Brilliant location - No outgoings on the lease - Excellent signage and street exposure - Low rent - Well established workshop with full equipment - Large data base of regular customers. - Excellent reputation for quality work within local area - Current owner 10 years.
State: NSW
Suburb: Sydney
Location: Amazing beachside location in the Eastern Suburbs of Sydney.
Premises: Large workshop and office, fully equipped paint room, spectrometer with an area of over 350 sq. mts.
Price not disclosed

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Owner needs a change and other business in Queensland

Sale Reason

No year data

Established

On site

Parking

1 owner - 2 part timers + 3 - 4 casuals + 1 contractor

Employees

5.5 days - Mon. - Fri. - 7 a.m. - 5 p.m. - Sat. - 8 a.m. till 12 p.m.

Trading Hours

Current lease August 2020 + 5 year option (A new 2+2+2 =6 year lease should be available)- 3% increases - 3 month bond

Lease

Automotive smash repairs – A separate workshop, paint booth, office, holding yard and storeroom – Undertaking body repairs and crash repairs on most vehicle sizes – Also organises restoration to major chassis damage, rust repairs, third party insurance repairs, dent removal, re-sprays and fleet work – Certified repairer for all insurers – Mix of commercial and domestic work.- A two page confidentiality needs to be signed by any interested buyers prior to receiving address or meeting with the vendor – Fully equipped and High equipment value!

Features

Brilliant location - No outgoings on the lease - Excellent signage and street exposure - Low rent - Well established workshop with full equipment - Large data base of regular customers. - Excellent reputation for quality work within local area - Current owner 10 years.

Potential

Increase preferred referees - Do some marketing and advertising - Only smash repair business in area - Approach more dealerships.

Comments

Misc 1 - Other general expenses . - Personal items in the office not included in the sale. - Sales shown are excluding GST

Weekly Summary

Figures exclude GST

Weekly Takings
$31000
Cost of Goods
$15800
Gross Profit
$15200
Rent
$2065
Wages
$3800
Telephone
$50
Insurance
$320
Electricity
$100
Misc 1
$750
Total Expenses
$7175
Estimated Stock
(Additional)
$50000
Net Profit
$8025
Price
$598,000.00
+ Estimated Stock (SAV) $50000
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