Leading local Mechanical business with multiple income streams !!
Business for sale on the Redcliffe Peninsula – Craig Campbell Ph 0419 747 709 of Verified Businesses has pleasure in presenting this leading Mechanical Business for sale.
Situated close to a main road and in near proximity to the local shopping hub, this business is ideally located and is in easy driving distance for most local residents. The business is a ‘small business award winner’ with a diverse spread of customers, and as a prominent mechanical repair business to the area it is renowned for great service. However, best of all, the business has two distinct revenue streams which have been very lucrative for the current owner over the years. This includes the regular log book servicing and general mechanical repairs of all makes and models of petrol & diesel cars, light commercials and 4wd’s. Plus, the supply of a leading brand of quality new tyres and the sale of a range of car and truck batteries. Work is also gained through the business carrying out roadworthy inspections and being an authorised inspection station.
With further growth potential imminent, the premises are large enough for 4 mechanics to work comfortably and features a modern waiting room and coffee lounge area, so there is ample scope to expand this business. Clients include: Business people and Small Businesses operators, Tradies, nearby Shopping Centre Clients, Typical average car owners with young families, Retirees, Single females and 4WD’ers. The business can be expanded through increasing advertising and promotion, and simply taking on more work, or alternatively, if a new owner chooses, it can be maintained at the current level.
Whilst the business is most suitable for the qualified mechanic who is wishing to get into their own business for the first time and work in the business full time, the business doesn’t currently rely on its owner, who works less than 1 day a week. This is due to the business having a committed employee in place who acts as a foreman/manager, and who can run the business in the owner’s absence and can competently handle all aspects of the operation.
This well-established business has operated for around 10 years. The current owner worked for the previous owner for 5 years and has owned the business for the past 5 years. The business has an impressive range of all the necessary plant and equipment including 4 modern hoists, tyre storage racks and features a coffee lounge/waiting area. Most clients pay within 30 days and other clients always pay COD. Well known with a strong ‘repeat’ customer base which has steadily expanded year after year, the business has a repeat client rate of 70% - 80%. The current owner will provide one month’s training and introduction to clients for a new owner. This exciting growth business offers a new owner continued opportunities for growth, security and lifestyle for many years to come.
These types of mechanical businesses don’t come up that often, so don’t be disappointed - Call for an inspection of the business ASAP!