SOLD
Business Overview
This business has been operating successfully for over 15 years and trades just 5 days per week. The business is recognised as the industry leader in it's field, specialising in the tuning of particular motor vehicles.
The business also leverages its incredible reputation and national presence by diversifying it's income streams and sells products online and in its showroom, as well as the workshop.
The business has a monopoly over particular services in the industry that guarantees the business maintains it's competitive advantage. In fact the business also acts as the wholesale distributor for crucial everyday products needed by it's competitors.
The owner of the business enjoys fantastic lifestyle perks including global travel, and business related hobbies. As the business operates only Mon-Friday there is also opportunity and demand for an enthusiastic operator to expand the business to weekend trade.
The workshop is booked weeks in advance and the entire floor space of the business features has a showroom floor, office for 6 administrative staff, a state of the art dyno tuner and 6 hoists.
This business will be suited to a multitude of buyers, based on the owners availability and commitment to continue working in the business, as per the buyers individual requirements.
Financial Summary
Revenue $ 4,451,144
Gross Profit $ 1,666,112
Expenses $ 1,478,848
Adjustments $ 432,527
Net Profit (p) ebitda $ 622,791
to owner
*All figures are quoted exclusive of GST
*Source: Median of 2014, 2015, 2016 and 2017 FY Profit and Loss
*Full financials are available
Features
Revenues in excess of $4M for the last 4 years 2014 -2017
Median EBITDA in excess of $600,000 for the last 4 years 2014-2017
Key management structures in place
Monopoly of products and services
4 diversified revenue streams - online,
wholesale, retail and workshop
Nationwide reputation as the "go to" specialist
Premises
Lease: The Vendor is also the landlord so the lease terms will be negotiated as part and parcel with the sale of the business
Rent: $165,000 per year
Annual Increases: 3%
Size: 700 sqm internal, 300 sqm external
Buying a business is easy with Vision
"We understand that as every business is different, so is every buyer. Ask your broker about the information that the Vendor will make available as part of due diligence, so you know what to expect at the beginning of the process "
Dan Levitus
(m) 0450 326 146
(t) (02) 8923 2632
The Purchaser is responsible for conducting their own investigations in relation to this business and VBA does not warrant the accuracy of any information contained on this business