Xcllusive Business Sales Phone : 02 9817 **** Xcllusive Business Sales
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Long Established Vehicle Bodywork Repair Workshop " NSW Central Coast

Listing Id : 301924

Location : New South Wales - GOSFORD

Category : Mechanical Repair, Auto Detailing, Automotive

Asking Price : 490,000

Business description

Business ID: BS144915 3 yr avg income to owners $327K, Sale Price $490K. Established over 30 years and under the same family ownership throughout this time, this smash repair business is well known and respected in the area for its reliable service and quality of work. As a result, it has a database of many ‘000s of individual clients and also is a recommended repairer for 5 Insurance companies. Administration costs and speed/ease of producing quotes has been greatly enhanced by the use of industry-leading software which allows quotes and admin to be done from any location. -Annual Revenue $1.85m+ -Experienced and reliable trades staff in place -Staff can manage the business in the owners’ absence -Workshop always booked one month in advance -Large workshop premises 500sqm+ -Secure onsite parking for 100 cars -Internet based security system in use Both owners work in the business and suggest that a months handover for both the administration and workshop management should be sufficient for someone with experience in the motor repair trade. A longer period of handover can be discussed if required. A (refundable) 10% deposit will be required prior to Due Diligence with the balance due at Settlement. This is a well-established business generating a very good income for the owners. There is potential for further growth under energetic new ownership as the owners now manage the workload to a lower volume than they have in the past. Opportunity already exists to increase the workload if a new owner wished to do so. Asking Price: The Goodwill and Assets of the business are available for $490,000 (plus GST if any) + SAV.

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