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Automotive & Marine business for sale in Artarmon

  • Automotive & Marine
  • Artarmon NSW 2064
  • $198,000 (GST na)

REDUCED - Well Estab. Automotive / Car Workshop North Shore

Business Headline : REDUCED - Well Estab. Automotive / Car Workshop North Shore
Price : $198,000
Category : Automotive, Mechanical Repair, Auto Electrical, Accessories/Parts
OWNER NEEDS TO SELL QUICKLY DUE TO HEALTH REASON!
WELL ESTABLISHED BUSINESS @ BELOW COST
 
This is a well established business and has been growing in the last 3 years.
The current owner has spent time and money growing the business but unfortunately, health issues are forcing him to sell.
The business specialises in European cars, but is not limited to them. It covers all types of mechanical repairs for motor vehicles including all regos, pink, blue and brown slips, tyres and wheel adjustments, brakes, discs, batteries, routine services and check ups - a mix of commercial and domestic work.
POTENTIAL:


  • Owner operator would save wages and also increase customer service level

  • Premise is large enough to promote part sales and provide extra services

  • More room for marketing to expand the business

  • Huge potential in taking on contracts and online marketing

  • Could open on Saturdays 

  • Could easily increase sales by adding more staff - auto electricians, tow trucks etc.


FEATURES:

  • Potential to negotiate good lease terms as the vendor is the landlord

  • Spacious area of approx 150sqm with waiting area, reception and office

  • Dual street entry

  • Affluent north shore area


This business will be suited to multiple of buyers, based on the owner\'s availability, skill level and commitment.
Well suited for under management or owner operated.
 
To receive further information please complete the below registration: http://www.abbagroup.com.au/?p=4846318#enquire-now Annual Rent : $101,572 -
Weekly Rent : $1,953
Annual Turnover : $650,000 -
Weekly Turnover : $12,500
Annual Gross Profit : $434,200 -
Weekly Gross Profit : $8,350
Annual Ebit : $171,600 -
Weekly Ebit : $3,300
Premise : Leased
Lease Commencement : Jan 2019
Lease End : Jan 2024
Lease Option:
5 years
Current Outgoings pa: $2,175

Franchise : No
Year Purchased : 2015
Year Established : 2015
Days Trading : 5
Staff Salaries : $58,500
Reason for Sale : Health issue
Location : Lower North Shore
Business Potential : Owner operator, Promotions, marketing

Business Highlights

Business ID2015155104
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Category
Last updated  4 Jun 2019
Map for Artarmon NSW 2064
Abba Group
Level 1, 183 Harris Street Pyrmont NSW 2009

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