SEPTEMBER 02, 2017



Franchised Automotive Repair Facility – DNB1014

NORTH SHORE LOCATION

PRIME STREET FRONTAGE

CURRENT TURNOVER OF $1.4M

Details

THE BUSINESS

Description: Trading under the present owner since 1998, this household name franchised automotive repair facility is ideally located on Sydney's affluent North Shore. With 6 hoists, a range of capital equipment and an impeccably maintained workshop, this is a rare opportunity and one not to be missed. A strong, viable and consistent business in an excellent location offering honest and reliable service to its long list of regular customers is available for those wishing to accelerate their earnings.

FINANCIAL OVERVIEW

Figures from the 12/13 financial year suggest gross Sales of approximately $1.4m, with a stock on hand value of $18k. Owner’s earnings in these figures are roughly $205k with a net operating profit of $185k before tax. The owner / operators contribution is approximately 55 hours per week.

THE COST

Currently on the market for a cost of $310k negotiable, and an additional $18k for the stock at value.

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