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Automotive & Marine business for sale in Logan

  • Automotive & Marine
  • Bs143122 Logan QLD 4117
  • $700,000 (GST na)

European Specialist Automotive Workshop, Established 12 years Logan, QLD

Business ID: BS143122

Turnover circa $1,700,000, Profit to Owners $390,743

A Rare opportunity to purchase a highly profitable automotive workshop in a niche market experiencing consistent growth. The business is an award winning mechanical workshop specializing in European car service and repair. Established for over 12 years, the business has developed a reputation for honest, high quality service with expertise is Mercedes, BMW, Audi, Volkswagen and Mini.

The business has an active marketing program which has proven successful, with around 5000 past and present customers, many of whom have 2 or more cars. The business is growing its turnover consistently by 10% year on year, and has done for many years

The business employs 4 full time mechanics plus an apprentice and operates in an immaculately presented and fully equipped 700+ m2 workshop with 7 hoists. It is located in the Logan shire, conveniently positioned between Brisbane and the Gold Coast.

Business Highlights

-7 hoists, 4 full time mechanics plus apprentice
-Proven marketing systems in place
-5 days per week only
-Excellent Location in Logan, QLD
-Turnover circa $1.7 million
-2020 profit to owners $390,743
-2020 EBITDA $270,743 (if business run under management)
-Around 40% ROI per annum
-Over $289,652 assets included in asking price, as valued by owner

The premises are well organized and well presented, creating an excellent first impression and of a similar standard expected for a new car dealership workshop. The business attracts customers because it provides automotive services at as much as 50% less than what some dealers charge while preserving factory warranties, it provides modern European courtesy cars and offers a free car pick up and drop off within 5km of the workshop.

Asking Price $700,000, Plus Stock at Value. Assets valued by owner at more than $289,652 are included in the purchase price.

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Business Highlights

Business ID2015797747
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Last updated  30 Sep 2020
Map for Bs143122 Logan QLD 4117
Map for Bs143122 Logan QLD 4117Bs143122 Logan QLD 4117
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Business Highlights

Business ID2015797747
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  30 Sep 2020
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G14, 1-15 Barr Street Balmain NSW 2041
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