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Established in the 1960’s, This Engine / Cylinder Head Reconditioner, Repairer & Parts Supplier Is Not Only Highly Profitable, But Has Long Term, (Decade Long) Staff Who Are Well Trained in Place to Support a New Owner. This Owner’s Part-Time Hours in The Workshop Is Due to The Expertise on Team. This Owner Maintains a Front of House Role Mainly – Client Liaison. There Is Ample Profit in Which to Hire the Staff Member to Replace the Time of The Owner in The Workshop, Organic Growth in Sales 20/21 And A Massive 60++ Of Its Ongoing Sales Generated by High Repeat and Return Ordering Truck/Car Dealerships, Including Motorcycle, Boat, and Jet Ski Suppliers…
• Established for more than the last half century, this owner has remained in this business for the last 30+ years.
• Ready for retirement for health reasons, this business is largely fuelled by organic sales growth, and a high repeat business to business demand for on-going engine/cylinder head servicing and related work and parts supply, for all engine types.
• This owner is prepared to remain on for months in support of a new owner, as there are so many business clients, including long term, (10+ year loyal) dealerships to introduce to the new owner. With ample net income, organic sales growth posted in 20/21, approx. 8% more sales and an even higher profit generated, without requiring any owner encouragement, marketing or advertising expense (actually spent less).
• This business is simply itching to be expanded. Its workshop and high plant & equipment value, including unique, and semi-automatic equipment makes the job easier behind the scenes and provides a higher average quality of product in the market.
• The team on staff are long term experienced, well trained and friendly. Reliable and all have been employed for more than the last decade!
• For a new owner looking for a business whereby the sales and client demand fuels a consistently busy and highly profitable, service based business, then look no further. The clients are both end users and small through to large businesses, product suppliers and dealerships.
• This business after more than 60 years of establishment, never needs to seek out any new clientele. It is busy enough with what comes through its door naturally and day to day (4 ½ days only).
• Products are mainly couriered or picked up or dropped off to major car, truck and bike dealerships (including boat and jet ski and other marine suppliers), within the greater Gold Coast region, including the southern Brisbane area. With the balance of clients finding their way to this business thanks to its 60+ year trading legacy.
• This tenure creates such a propensity for word of mouth activity, from a very large base of existing clients. The naturally occurring referral chain reaction is what this business continually benefits from and it all comes free!
• There is a minimal annual yellow page spend, along with an organically ranked website. This owner is ready to retire after providing a medium-term transition, including comprehensive training and tuition for a new owner.
• Either hire a staff member to replace the 30-35% approx. workshop time of the owner and be free to spend time building this business, or simply step into this owner’s role, (part-time in the workshop and mainly front of house). The minimum skill being a fitter and turner for workshop-based tasks.
• This business can take care of a new owner financially for decades to come! As it has done for the two previous owners over more than 60 years of trading. This is how good this business is to own…
• The transfer value of this business is ignoring the high net income return, and the high plant and equipment value, as this owner is genuinely exiting after 32 years.
• Includes unique machinery that makes day to day activity even more time and labour efficient, providing a higher quality than what most competitors can offer on the coast…hence, being so busy and deserved of so the ever-growing amount of client jobs (mainly from businesses) which plump up the bank balance continuously.
So few clients are on account, with the vast majority paying upon pick up or before the client job is couriered.
All for just $295K + SAV ($10K approx.)
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