NOVEMBER 02, 2016



Automotive Aftermarket Repair Facility – DNB1012

WESTERN SUBURBS LOCATION

OVER 25 YEARS IN BUSINESS

CURRENT TURNOVER OF $1.42M

Details

THE BUSINESS

Founded by its present owner / operator in 1990, the business enjoys a strong and stable trade with many long term regular customers. Offering a comprehensive range of mechanical services including: servicing and repair to all mechanical components, log book services, registration inspections and certifications, as well as LPG installation, this is an excellent opportunity for the right buyer. This neat and spacious repair facility offers 5 hoist and can handle vehicles up to 10 tonnes GVM. The current owner has offered to continue on as a manager for a period, to assist in a straight forward and uncomplicated transition.

FINANCIAL OVERVIEW

Annualised figures from this financial year suggest gross Sales of approximately $1.42m with a stock on hand value of $10k. Owner’s earnings are projected to be in excess of $280k with a net operating profit of $72k before tax. The owner / operators contribution is approximately 55 hours per week.

THE COST

Currently on the market for a cost of $495k negotiable, and an additional $10k for the stock at value.

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