$1.95M MECHANIC WORKSHOP TUNING AND REPAIR BUSINESS FOR SALE SYDNEY

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

(e)  dan@vbaaustralia.com.au

(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

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30 + years experience 

in operating, selling and buying

businesses

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(02) 8923 2632

info@vbaaustralia.com.au

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North Sydney, NSW 2060

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