Categories: Automotive, Services
Business Overview
This not-at-fault accident repair car hire business has been established for 8 years in the industrial precinct of South of Sydney. The owner and his team run a full-service, not-at-fault accident replacement car hire service, supplying luxury vehicles to drivers who are not at fault.
Premises
Cars are parked in a smash repair car yard south of Sydney. However, 80% of them are usually being hired out.
Hours of Operation
Monday to Saturday 8.00am to 4.30pm
Some work outside of these hours
Potential
Target more smash repair workshops
Promote more on social media
Employees
1 part-time owner
Financials Summary
Weekly Takings: $6744 ( based on the last 2 years trading history)
Cost of Goods: $0
Gross Profit: $6744
Rent $220
Rego $259
Fuel $150
Wages $1650
Telephone $20
Insurance $824
Rebates $282
Misc. 2$1000 (repairs, maintenance, tolls and parking)
Total Expense: $4405
Net profit: $2339 (profit for 1 working owner, 20 hours per week)
Estimated Asset Value: $300,000
Asking Price: $450,000 + Stock
The Opportunity
8 years established with contacts to over 20 panel shops supplying regular accident repair vehicles to not-at-fault customers. new owner can approach more panel shops and grow the fleet. It would suit someone who is already in the hire car business or a panel shop looking for extra income.
