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PRICE DROP! Best Automotive Mechanical Business in Lake Macquarie

$350,000

Rathmines, New South Wales

PRICE DROP! Best Automotive Mechanical Business in Lake Macquarie

About the Business

Lake Macquarie's Trusted & Highly Regarded Automotive Mechanical Business

Price $350,000 + SAV
Revenue Yearly $611,000 +
Adjusted Profits $206,000 +
Monthly Rent $2,290
Staff Owner/Mechanic, 1x Admin, x 2 Mechanics

On offer is a Long-Standing and Highly Regarded Automotive Mechanical Business, in the Beautiful City of Lake Macquarie.

Description
Boasting almost 30 years servicing the beautiful Lake Macquarie region, this business has built a strong and admired reputation by providing a large range of prompt and professional automotive mechanical services. This business includes a highly experienced team of expert mechanics, that have collectively resolved pretty much every engine issue imaginable.

Services Offered Include:
- All Mechanical Repairs
- Log-Book Services (minor & major)
- Rego Inspections
- Frontend Repairs & Wheel Alignments
- Motor Homes
- Cars, 4x4 & Light Commercial
- Exhausts
- Tyres
- Vehicle Accessories/Extras (car covers & mats, waxes & polish, oils & lubricant)

With an auto-dismantlers just a few doors down, sourcing parts is easy and efficient.

Most customers are repeat and many have been taking their vehicles to our client for almost thirty-years; with new customers obtained through word of mouth. Return customers have come to appreciate this trusted mechanical business and enjoy their hallmark affordable prices. This business makes high profits and there are currently no advertising costs.

Sales revenue for July 2020 was $73,000+, which is just under 50% gross profit margin. Stock sold was $49,000+, which is over 52% gross profit margin. COVID-19 has not affected the running of or sales for this business.

This business would suit a qualified automotive mechanic trades person, looking to earn a secure and good income. The current owner is offering ongoing support, he wants to ensure a smooth transition for current customers and the new owners.

This is an opportunity to run your own business and action your own ideas, whilst living in the beautiful Lake Macquarie area.

Please contact Dani Rifai for more information on 0411 870 977, or email dani@bagents.com.au, or click on the link provided (Licence Number 10064471).

Business Links / Tools

Last updated: 26th November 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Rathmines
State
 New South Wales
Price
$350,000
Category
  • Mechanical Repair

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Contact

Dani Rifai