Mechanical Services & Automotive - Repairs - Vehicle Steering Specialist - MB1001

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$259,000

Description

Mechanical Services and Steering Specialist - For nearly half a century, this trusted and respected automotive workshop has been a leader in vehicle care and steering specialisation, offering a full range of services for all makes and models. The workshop features three hoists and a unique wheel-alignment pit, allowing the vendor to perform wheel alignments without lifting vehicles onto hoists, a major benefit for Classic & Vintage car enthusiasts, as well as modified ride height vehicles enthusiasts, who value the safe and efficient servicing of their vehicles. Handling a steady flow of mechanical jobs and roadworthy (pink slip) certificates, the business performs around 10-wheel alignments daily. As a bonus, the vendor is prepared to stay on for 3-4 days per week, sharing a lifetime of specialist steering knowledge for up to 12 months after settlement, ensuring a smooth transition and ongoing success of the business for the new buyer. The replacement cost of the equipment is approximately $90,000

Potential

Business bookings for the week sometimes filled by Monday afternoon.- Streamlining the booking process and optimising scheduling would further improve outcomes and efficiency. -Currently business has little social media profile. Business has previously employed 3 mechanics plus owner, but has now been turning away business due to high demand. A return to full workforce, longer trading hours inc. Saturday trading would see business regain its full potential. Sales of tyres, wheels and accessories would also be a fitting expansion of the business

Features

Amazing Google reviews. Wheel alignment pit is a one-of-a-kind feature not to be found in any other steering workshop, renowned for solving specialist and problem set-ups.Low weekly rent for the size of the premises.

Premises

Business consists of 340 sq. mt. workshop plus 40 sq. mts. separate office.

Location

Great location off arterial road in local light industrial area of South West Sydney

Trading Hours

5 days - Monday to Friday: 8 am to 4:30 pm.

Lease

New lease to be negotiated with new owner

Employees

1 owner mechanic + 1 full time mechanic + 2 part time office staff for admin including invoicing .

Comments

The wheel alignment pit sets this workshop apart from every other vehicle steering workshop, presenting a one-of opportunity to market the business as the Sydney go-to steering and wheel alignment specialist.

SBX ID

MB1001

Figures
  • Takings: $11000/week (GST)
  • Cost of Goods: $3200
  • Gross Profit: $7800
  • Rent: $1200
  • Wages: $2500
  • Outgoings: $50
  • Telephone: $50
  • Insurance: $200
  • Electricity: $100
  • Misc2: $200
  • Total Expenses: $4300
  • Nett Profit: $3500
  • Estimated Stock (Additional): $25000
  • All other values ex GST
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