Panel Beater - Smash Repairs - Automotive - Mechanical - GNGDS1046

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$785,000

Description

Automotive smash repair workshop with great industry reputation delivering quality panel and paint services in prime location. Repairs on all vehicle makes and models. Accredited and award winning workshop with good work flow. Services both fleet and private customers along with many corporate contracts. Full turn key operation running under management with minimal vendor efforts. No experience required for new buyer as the complete business is run on software systems and easy to learn.

Potential

Business currently has both private and fleet customers. There is potential to hire a second premises and run one for private customers and the other fleet customers.

Features

Multi award winning panel shop with amazing long term potential - Royal Flying Doctors plus multiple other fleet contracts - Busy main road premises - Full turn key package with staff competent to work independently

Premises

Renovated premises. New equipment. Staff kitchen. Office upstairs plus security system with extra computers and storage.

Location

Main road location, business trading as panel shop for 45 years in well established location in Victoria West.

Trading Hours

6 days - Mon.- Fri. - 8 a.m. to 5 p.m. - Sat. - 9 a.m. to 1 p.m.

Lease

Current 4 year lease expires Oct. 2024 + 2 x 4 year options. - Option to buy building from the landlord.

Employees

2 owners (1 works in the business) + 1 full time shop manager + 1 full time office manager+ 1 part time admin+ 2 full time panel beater assembly + 1 full time spray painter

Comments

The business has been created with expansion in mind and has systems in place so that it comfortably operates with minimal supervision. For the right buyer the earning potential is enormous. This business has a fantastic reputation within the industry.

SBX ID

GNGDS1046

Figures
  • Takings: $40000/week (GST)
  • Cost of Goods: $15000
  • Gross Profit: $25000
  • Rent: $1125
  • Wages: $7151
  • Telephone: $40
  • Insurance: $500
  • Electricity: $150
  • Gas: $350
  • Misc 1: $100
  • Misc2: $1000
  • Total Expenses: $10416
  • Nett Profit: $14584
  • Equipment (Included): $150000
  • Estimated Stock (Additional): $30000
  • All other values ex GST
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