Business Summary
This business has serviced a real Niche market within the Auto Parts and service sector for over 50 years. It is well known as a reliable provider and has limited competition.
Revenue has been consistent over the past 4 years averaging more than $700k pa with 42% of work coming from B2B services assisting local and interstate mechanical workshops who don't have the skills or parts to Complete these niche repairs themselves. 58% of revenue is generated from B2C services and parts sale which helps maintain a healthy gross margin above industry benchmarks.
* Good lease on offer
* Large established site over 700sqm
* 30years of goodwill and customer relationships
* High Value Plant, Equipment and Tools included in sale price
The high value plant, equipment and tools needed to operate the business are included in the sale price. Replacement and setup cost value is significant as well as the barrier to they create for competition from new entrants. The workshop and office sit on a large 700sqm Site with easy access to both Gold Coast and Brisbane customers as well as freight providers. The new owner has the option to negotiate a new lease or relocate if desirable.
An incoming owner would need a sound understanding of Auto Mechanic Servicing and Mechanical knowledge. However, staff are well trained and capable of performing most day-to-day activities. A good income is already on offer to a working owner, but Opportunities exist to expand via parts sales and customers catchment areas.
Asking Price $350,000 + SAV
Property Details