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Established Mechanical workshop 40+ years, strong customer loyalty

Loganholme QLD 4129, Australia
$69,000.00 Automotive / Business For Sale
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Summary

PRICED FOR A QUICK SALE This is long established mechanical workshop has been trading for over 40-years with only 2 owners in that time.The current owner has traded for the last 26-years.

Revenue

$337,497 pa

Potential

• Marketing to the 00’s of businesses that are in the industrial catchment area
• Technology introduction/upgrade – the business is 100% paper based, albeit with a good ‘reference system’ as required. A computer and appropriate software packages will radically improve administrative time both at the point of customer interface and later when reconciling
• The business has ample room for at least another mechanic, possibly two more

Skills

Qualified mechanic required

Hours

Monday – Friday – 8.00am to 5.00pm

Lease

Lease until January 2022 – Further option available

Employees

Owner and 1 full time employee

Reason for Sale

The owner is retiring

About the Business

This is long established mechanical workshop has been trading for over 40-years with only 2 owners in that time. The current owner has traded successfully for the last 26-years.

The business does not undertake any form of marketing and is 100% (successfully) reliant on repeat business. There is a real opportunity to introduce technology such as a computer, accounting software, a CRM system and a social media presence.

This is totally a ‘walk-in-walk-out’ offer but will only really suit a qualified mechanic. The new owner needs only to bring his personal tools and can operate the business from day one.

The outgoing owner can provide some business hand over assistance but is committed to leaving. The employee mechanic is aware of the sale and has indicated he is happy to stay. He himself had been with the business for nearly 30-years in total.

History

• Weekly turnover constantly $6,500 - $7,000
• Owner operator nett profit @ 30%
• Long established and well-loved local business
• Averaging 20-25 cars per week (pre-Covid19)
• Trading 5 days only
• Fully trained and long-standing employee in place
• Great location 500 meters from the Pacific Motorway, in a busy industrial area
• Customer parking
• Long lease option on offer
• All business owned equipment included (a small number of personal tools excluded)


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Business Broker
Member since 27/11/2019

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Listing Details

  • Asking Price
  • $69,000.00
  • Price Comments
  • Walk In Walk Out (WIWO)
  • Status
  • Business For Sale
  • Business Type
  • Automotive