Profitable Mechanical Service Centre, Ample Parking. EBITDA $166K

Price

$150,000

Profit *

Refer to Broker

Sales Revenue

$282,827

Location

Hobart & Southern, Hobart - Greater Area

Category

Automotive, Mechanical Repair

Listing #

TA00259

Hobart - Greater Area Mechanical Repair Business for Sale
Hobart - Greater Area Mechanical Repair Business for Sale Slide 2
Hobart - Greater Area Mechanical Repair Business for Sale Slide 3
Hobart - Greater Area Mechanical Repair Business for Sale Slide 4
Hobart - Greater Area Mechanical Repair Business for Sale
Hobart - Greater Area Mechanical Repair Business for Sale Slide 2 Thumbnail
Hobart - Greater Area Mechanical Repair Business for Sale Slide 3 Thumbnail
Hobart - Greater Area Mechanical Repair Business for Sale Slide 4 Thumbnail

About this business for sale in Hobart & Southern, Hobart - Greater Area

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; 

  • Operating since 1951
  • Well-established repeat clientele
  • Supportive community 
  • Profitable Turning over $282K,  EBIPTDA $160K annualised over 3 years. 
  • Ample room for growth and further expansion. 
  • Moderately priced lease available. 5 + 3 + 3 years. 
  • Operating hours can be extended.  
  • Well positioned, on a main road with high traffic flow and visibility.
  • Authorized Inspection Station
     

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.

To find out more, complete an online confidentiality agreement by clicking the button below.

Click the email alerts button to be notified of other businesses that may be of interest to you.

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.

Business Affordability Calculator

What can you afford?

Discover what you can afford, how much your loan repayments may be, and how much you could earn.

Email Alerts

Want to know what's for sale?

Register your details and receive priority email notifications about businesses for sale that meet your preferred price range, location or industry.

Share to:

Facebook
LinkedIn
Email

Contact Us

Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.