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SMASH REPAIR - CENTRAL COAST LOCATION. Established 1987 First time Offered!

$595,000 + SAV

Erina, New South Wales

SMASH REPAIR - CENTRAL COAST LOCATION. Established 1987 First time Offered!

ONE OF THE BEST IN THE AREA!!

Established in 1987 this outstanding opportunity offers a rare opportunity for Panel Beaters or an existing group seeking to expand, to purchase this outstanding business.

The owner has grown the business into the highly regarded & well established "go to" smash repairer in the area.

With FORMAL REPAIR CONTRACTS in place, large level of referral & repeat business, the shop is constantly busy with regular work.

The prime location has wide street frontage with 300sqm (approx.) of parking space.

The building offers approximately 1,800sqm of workshop, office & wash-bay areas.

The owner & his 10 full time staff have developed a vibrant & productive workplace environment that will serve the new owners well into the future.

The business will be sold with one of the most modern, highly equipped workshops in the industry.

KEY FEATURES;
- Approx. $500,000 "pre- approved" work already booked in.
- Established 35 years with one owner.
- Highly trained & experienced staff.
- Exceptional Plant & Equipment included.
- Extensive handover & training period provided.

WHAT YOU NEED TO KNOW;
- Gross Turnover; $2,270,000 (based on 3 year average)
- Adjusted Net Profit; $257,000
- Asset Value; $510,000 (approx.)
- Monthly Rent; $15,000+GST (& outgoings)
- Asking Price; $595,000+SAV

Further information & financial history will be provided after Confidentiality requirements have been completed.

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Last updated: 24th August 2023

Summary

Property Type
Business
Contract Type
For Sale
Location
 Erina
State
 New South Wales
Price
$595,000 + SAV
Category
  • Auto Electrical
  • Mechanical Repair
  • Panel Beating

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Agency

Business Brokers Network

Business Brokers Network

Contact

Tony Lee