Automotive & Marine business for sale in Moree
- Automotive & Marine
- Moree NSW 2400
- $245,000 (GST na)
An established, motor mechanical workshop located in Northern NSW
This is a fantastic opportunity for a potential buyer to purchase a profitable general mechanical workshop that has been in the area for around 27 years and well-known with a loyal client base.
Located in the western fringes of Moree, close to all the major highways that intersect the town.
This is a profitable business with a long and consistent financial track record. There are multiple opportunities for new owners to explore further. These include:
- Over $200k profit to owner
- The addition of a business website to communicate and promote the business and its services.
- Expansion of services into offering more specialised services.
- The new owners have a clear opportunity to consolidate the workshop into the main workshop space and clear out the two remaining spaces to provide these ready to lease.
Reason for Sale
The current owner is looking to retire and would prefer a walk-in, walk-out arrangement - this can be discussed during the sale process.
About the Business
This licensed motor mechanics located in Moree. The business is a long-standing workshop that has operated in Moree for over 27 years, and under its current ownership for 20+ years. Offering all general mechanical repairs and rego inspections, the business is run by a single owner from a strata- titled site with three separate warehouse spaces forming part of the sale.
This is a fantastic opportunity for a potential buyer to purchase a profitable general mechanical workshop that has been in the area for around 27 years and therefore is well- known with a loyal client base.
The business is located on a strata-titled light industrial site, just west of Moree town centre. MelMac motors provides all general mechanical repairs and the owner has three warehouse/building spaces on the site. The workshop itself can be comfortably housed in one of the spaces, although it currently has a hoist located in a secondary building (this would be easily accommodated in the main workshop). There are two building spaces that are not required by the business and if leased out could potentially together add $700- 800/week in rental income.
The business has a broad client base and as a small local business, has excellent levels of repeat business due to its affordable rates and longevity. Run by a single owner, the business has a consistent financial track history and was not adversely affected during COVID-19. In fact, FY2020 revenue was 4% higher than FY2019 and the business delivers excellent profits to the owner, year-on-year.
This sale represents an excellent opportunity for a licensed mechanic who is ready to take the next step and run their own business. There are good opportunities for growth with a marketing strategy and the addition of a website and larger online footprint.
The price to include two options:
1. $495,000 for the business and commercial premises OR
2. $245,000 for the business includes circa $100k in assets and $250,000 for the premises.
For more information on this opportunity, please contact the undersigned:
Allbiz Deal Room
T: 1800 858 696
For more details go to https://allbizsales.com/au and complete our online confidentiality agreement. Use the reference ID 32320218 to search for the business.
Due to the confidential nature of the sale, images used may be stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.
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