| Description: |
Very profitable workshop (t/o > $1 million pa) with plenty of room for growth with the right entrepreneurial purchaser. Established 25 years. Operates 11 hoists, employs 7 f/t and 2 casual staff. Offered on a WIWO basis with all stock, plant and business name included. Genuine reason for sale. A great opportunity for a competent person who can see the bigger picture. This business has been established for nearly 25 years. It operates as a general mechanical repair shop with 11 hoists operating covering all mechanical repairs with a separate purpose built wash bay. The business is a Carline exhaust centre and Repco authorised service centre as well as a radiator service and repair centre. It is also a distributor for the following:
- Mobil Oil Australia
- Pedders Suspensions
- Walker Exhausts
- Berklee Exhausts
- Maxxis tyres
The business also fabricates and fits exhaust systems to suit both cars and trucks. It has pipe bending facilities and a supply of all sorts of radiators. It is also an authorised inspection station catering for all registration requirements as well as being a QBE Insurance Greenslip agent. The vendor estimates that the current business has a minimum 20% market share for mechanical services and repairs in its business area. It currently employs seven full time and two casual staff who are all long term employees. It operates from 8.ººam to 5.ººpm Monday to Friday. The business is offered on a WIWO basis, as an assets only transaction. The business name is included and the vendor will enter into a non compete agreement if required. The vendor will provide the successful purchaser with as much assistance as possible with introductions and customer care. The business has built an enviable reputation for high end quality repairs leading to repeat profitable business. Should the purchaser wish to also acquire the land and buildings, the sale would be effected by a share sale in the corporate entity (with suitable vendor warranties). The purchaser will require a Motor Vehicle Repairers Licence as well as appropriate licences covering LPG installations and radiator work.
|