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26 years est. $300K Down & vendors terms available on balance.

$790,000

Sale, Victoria

26 years est. $300K Down & vendors terms available on balance.

This Freehold & Business could be the best financial opportunity available in the auto business.
Currently only operating Monday to Friday and very good trading figures.
Plenty of room to expand the mechanical business, simply by some smart, targeted advertising that is not currently done.
This Motor Wrecking business and freehold is situated in Sale Victoria 3850 on 2 ½ acres with workshop including a hoist - plenty of shelving and ample storage.
There is plenty of equipment, an office, a front counter plus all other facilities including lunch room toilet etc. for staff.
Current owner has operated this business for 26 years and now at retiring age.
Its now time for a younger person to take up this great opportunity.
The business has good trade all year round and would be suitable for a person with love for cars and machinery experience.
Owner will stay on for 2 to 3 months and offer his knowledge to ingoing purchaser.
The business is also available for mechanical repairs, plus selling a few used cars has great potential for the right person.
Currently good trading figures available, trading hours Monday to Friday - 8.30am to 5 pm.
No Saturdays or Sundays, but you could open at weekends for further transaction and more profit if ingoing purchaser is interested.
Sale is a great regional town and has all facilities you would expect from a good country town, hospital, great colleges, shopping centre, RAAF , Vicrail to and from Melbourne daily as well as a beautiful lake for that spot of boating and picnics.
This is a rare opportunity for someone wanting a secure financial future in this type of industry
Price of BUSINESS is $200,000 inclusive of $80,000 worth of all stock, plant and all equipment .
Price of FREEHOLD is $595,000. VENDOR TERMS available on $100,000 deposit and balance of - $495,000 payable at 6% only.
Payable monthly with the right to pay - $10,000 or more at any time and interest payable on outstanding balance.
Vendor will give a 5 year term.
Please do not approach vendor directly as we have an Exclusive authority to sell the freehold & business.
Vendor does not want people walking in without an appointment.
INSPECTION BY APPOINTMENT ONLY
FOR FURTHER DETAILS QUOTE BSV 0913 and call Michael on 0400645133 NOW !! - or submit an enquiry.

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Last updated: 8th August 2020

Summary

Property Type
Business
Contract Type
For Sale
Location
 Sale
State
 Victoria
Price
$790,000
Category
  • Accessories/Parts
  • Mechanical Repair
  • Wreckers

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Business Brokers Network

Business Brokers Network

Contact

Michael Keltie