For Sale: $750,000
Business Overview
This highly profitable business comes turnkey, with considerable work in progress, and supports a loyal enthusiast breed of professional, amateur, and hobby racers.
Manufacturing, importing and wholesaling custom-designed parts is an essential function of this business which is rich in intellectual property and the go-to for any Australian racer fixated on this high-power output engine. Parts and components are of the highest standard, attracting other performance workshops to purchase wholesale parts.
This business is being sold as a going concern, with a consistent stream of new work in pipeline, and without any further capital investment required. This business doesn't have to chase customers or new work, and doesn't offer payment terms. Its services are highly sought after in a market with limited supply.
This business is suitable for an individual with mechanical or engineering interests, importing and wholesale interests, or a passionate motor enthusiast who loves profit. If this sounds like you, this business could be the dream acquisition for you.
This niche business operates with 4-5 staff depending on the projects on foot.
Full training, handover, and support can be provided to the successful Purchaser.
Freehold can also be sold in addition to the asking price.
Asking price $750,000 + SAV
Key Features
Turnover $1.7M+
FY23 EBITDA $276,000, plus $125,000 owners salary
Trading 18+ years
Loyal enthusiast following with obsessive attachment to engine
Enormous repeat business, rebuilds and modifications
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 the Vendor will make available as part of due diligence so you know what to expect at the beginning of the process."
Dan Levitus
Senior Partner
Licensed Business Broker
m: 0450 326 146
t:Â Â (02) 8923 2632
Daniel Kogan
Senior Partner
Licensed Business Broker
m: 0401 620 918
t:Â Â (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 in this business.