Buy a Mechanical Workshop on Sunshine Coast For Sale business for sale in Sunshine Coast on BusinessesForSale.com

  • Advert ID: 616107
  • (Seller ref: 9094)

Mechanical Workshop on Sunshine Coast For Sale


Under Offer

Location:
Category:
Asking price:
$295,000
Sales revenue:
$550,857
Net profit:
$259,419
Years established:
18
Employees:
2


This business is the most popular mechanical workshop in its immediate area on Queensland's Sunshine Coast. It has been established for many years and has an excellent following amongst the locals. Approximately 70% of the work is servicing of light vehicles and approximately 30% is general repairs. The business is big enough to be run by a non-mechanic owner simply by employing good mechanics. 2 mechanics are currently employed and the current owner is a mechanic himself. The ‘Adjusted Net Profit’ of this business assuming a mechanic/owner and his wife work in the business is $259,419 per year. A non-mechanic owner should be able to achieve a net profit of around $220,000 per year based on an annualisation of figures provided by the Seller. A full Business Sale Presentation outlines the major opportunities for growing this business and a copy can be obtained from the agent


Real Estate:
Lease
Lease terms:
30 months remaining with future option of 3 years
Location:
In Fast Growing Part of Sunshine Coast

Expansion potential:
Very Fast Growing Region
Competition / Market:
Little Local Competition
Support & training:
4 Weeks Trainig Provided
Reasons for selling:
Vendor experincing Ill Health
Trading hours:
Mon to Fri
Furniture / Fixtures value:
$45,000
Inventory / Stock value:
$8,000
Related documents:

For more information about this business for sale, click the Contact Seller button.

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