Price
$150,000
Profit *
Refer to Broker
Sales Revenue
$282,827
Location
Hobart & Southern, Hobart - Greater Area
Category
Automotive, Mechanical Repair
Listing #
TA00259
Operating for over 70 years, demonstrating its resilience and profitability amid the many economic downturns this family-owned profitable mechanical service center has become an institution business due to its longevity.
With the current owner retiring; this business is well suited for an experienced mechanic husband-and-wife team, or co-owners who could split the administrative and mechanical repair responsibilities, or an existing mechanical repair business that wishes to expand its operations taking advantage of the established infrastructure.
Currently offering a broad variety of mechanical repair services, specialising in general to major servicing and preventative maintenance; the possibility of providing additional ancillary services would further diversify its revenue streams and service capacity.
Key Features Of This Business Include;
Its longevity could be attributed to the simplicity of its products and services, which has kept its operating costs minimal while still being able to address clients’ essential repair needs. Moreover, being the longest-operating mechanical repair shop in the suburb, it has developed strong ties with its clients, many of whom are third-generation clients already.
Considerations;
The in-house mechanic must also have the following qualifications:
Vehicle examiner number for Roadworthy Inspections
Driver’s license holder to road-test vehicles
Experience in certain mechanical repairs
Minimal experience in using a POS (point of sale) and accounting programs
If you are looking for a business that has stood the test of time with the scope to take it to the next level, please contact me to discuss.
A comprehensive information memorandum has been prepared for this business.
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND INQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF
Brenda Tsiaousis
TA00259
Phone: +61 3 6135 4446
Mobile: +61 0405 348 932
Email: [email protected]
Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.
Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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