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Automotive Business For Sale in Loganholme Brisbane QLD

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Established Mechanical Workshop 40+ Years, Strong Customer Loyalty. Would Suit A Qualified Mechanic Looking To Branch Out. Licencd Qld Inspection Station

Location:Brisbane, Queensland

Category:Automotive, Mechanics, Mechanical Repair

Asking Price:$69,000 WIWO

69000

  • Sales revenue : $337,497
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Established Mechanical Workshop 40+ Years, Strong Customer Loyalty. Would Suit A Qualified Mechanic Looking To Branch Out. Licencd Qld Inspection Station

Business description

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

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)

Other Information

  • Selling Assets: Yes
  • Years Established: 40+ Years
  • Employees: 1 x owner and 1 x F/T mechanic
  • Trading Hours: Monday – Friday – 8.00am to 5.00pm
  • Support Training: Yes
  • Reason For Selling: The owner is retiring
  • Lease Terms: Lease until January 2022 – Further option available
Transworld Business Advisors - Gold Coast North
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