Summary
- Asking price:
-
$395,000
- Sales revenue:
- $835,000
- Net profit:
- $173,000
- Years established:
- 27
- Employees:
- 5
Business description
This business was established 27 years ago and is close to public transport. It has a reputation of reliability, efficiency and personalised service. You make money from the day you take over.
- Profitable
- Excellent Location
- Large client data base of local & Sydney customers
- Potential to grow
- Well equipped
- Leasehold
- REPCO, NRMA
- Website
Property information
- Real Estate:
- Lease
- Lease terms:
- 3 x 3 or 5 x 5
- Location:
- It's location is a major strength of the business. Sydney’s Inner Western suburbs have enjoyed a healthy demand for housing, which has resulted in an “upmarket” client base that is still growing. Its location will also mean that there is very little threat of new entrants in the market.
Street parking is free and the business is in walking distance from some major shopping precinct, Parramatta Road, Bus stops and light rail.
Other information
- Expansion potential:
- By introducing a number of new value-add products and possible additional repair services this business has a long way to go before it has reached its full potential. There is still an opportunity to approach more local businesses to service their fleet of cars.
- Competition / Market:
- This business enjoys at least a 25% market share in this area and is a profitable business.
- Support & training:
- owner will assist with take over.
- Reasons for selling:
- retirement
- Trading hours:
- 7am - 5pm
- Financing available:
- Can be discussed with GNI Corporate Services
- Related documents:
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