Business ID: BS------
Turnover circa $2mil, Profit $556K, Quality Loan Fleet, Logan adj Brisbane, QLD.
A rare opportunity to purchase a highly profitable automotive workshop experiencing consistent growth, up 10% per year on year for many years. The business is an award-winning mechanical workshop specialising in European car service and repair. Established for over 10 years, the business has developed a reputation for honest, high-quality service with expertise in Mercedes, BMW, Audi, Volkswagen, and Mini.
The business has an active marketing program that has proven successful, with around 5000 past and present customers, many of whom have 2 or more cars. The business employs 5 full-time mechanics (including 2 apprentices) and operates in an immaculately presented and fully equipped 700+ m2 workshop with 7 hoists. It is located in the Logan shire, conveniently positioned between Brisbane and the Gold Coast.
-Turnover circa $2.0 million
-2021 profit to owners $555,933 (2022 on target to exceed)
-2021 EBITDA $435,933 (if business run under management)
-Circa 40% ROI per annum (Avg. Last 3 years)
-Over $400,000 assets included in asking price
-7 hoists, 5 full-time mechanics
-Proven marketing systems in place
-5 days per week only
-Excellent Location in Logan, QLD
The premises are well organised and well presented, creating an excellent first impression and of a similar standard to a new car dealership workshop. The business attracts customers because it provides automotive services at lower prices than dealers while preserving factory warranties. It maintains a fleet of modern European courtesy cars, which are included in the purchase price.
Asking Price: $980,000, Plus Stock at Value. Assets valued by owner at more than $400,000 are included in the purchase price.