Business for sale on the Sunshine Coast – Craig Campbell of Verified Businesses has pleasure in presenting this Fully Managed Mechanical business for sale.
A special business opportunity that has successfully operated ‘Under Management’ for the last 4 years and just requires a small amount of owner oversight. First established back in 2010 by the previous owner and purchased by the current owner in Jan 2020. The business has undergone a full re-brand and re-launch, which included all marketing material and digital media, and the website with an online booking facility. The building had a facelift including all signage, colour schemes, carpark, garden, automated lighting, and was painted inside and out, plus the workshop and office equipment were upgraded. The current owner saw a gap in the market for a mechanical repair business with higher service standards, which could better match customer needs. This objective of delivering a ‘higher level of service quality’ has driven the business to new heights, and consistent profits.
This well-known mechanical workshop carries out a broad range of Automotive Servicing & Repairs, on almost all makes and models of Cars, 4X4’s and small commercial vehicles. Building a solid reputation (over 500 Google reviews) for ‘service excellence’ in automotive industry across the local area and Southern Sunshine Coast. It efficiently services between 50 to 60 cars per week with 5 hoists and Multiple income streams from scheduled Logbook servicing, maintenance, minor and major repairs, spare parts sales, and safety inspections. In doing so, it helps more customers find a reliable vehicle care solution. Consequently, the business has promptly built an ‘exceptional reputation’, developed a repeat client base and now regularly receives ‘new client’ enquiries from WOM and referrals.
Situated in a fast-growing region of the beautiful Sunshine Coast, this quality automotive repair business enjoys a busy 40m street frontage and is just a few hundred metres from other drawcard businesses. The building consists of a 500 square metre workshop with office space, accessible mezzanines and adjoining undercover wash bay and car detailing area, and parking for 6 cars onsite.
The professional signage of this leading automotive workshop delivers an appealing fresh profile and is matched with an unrivalled reputation for excellent service. This highly efficient automotive workshop has consistent turnover, and customers pay on pick up of their vehicles each day, which means a new owner has cash flow from day one. As a proven performer, successfully run under full management, whilst the owner resides interstate and only works on the business for around 1 hour per week, means the business is suitable for either a working owner, partnership, or a business investor.
To facilitate and to effectively capitalise on the excellent goodwill the business has established, and to ensure a good hand over, the current will stay with the new owner for two weeks, to help familiarise and introduce to staff and as many customers and suppliers as possible.
This business is in a prime position to grow and capitalise on its many existing strengths into the future. As seen with its solid client relationships, experienced staff, proven marketing, operational systems and procedures, outstanding reputation for first class Quality, Service and Reliability, and its comprehensive servicing and repair capability. Therefore, this perfectly presented business could be grown naturally due to the population increases across the region in coming years, which provides potentially more clients, and the opportunity to simply take on more work and grow organically. A new owner could also increase the number of Qualified Technician/ Mechanics as the workshop has the capacity to handle more work or even trade longer hours, to cater for more clients. And/or Increase target marketing to 4X4 owners and enthusiasts, and offer parts, accessories, and upgrades. And finally, through increasing advertising, promotion, and social media involvement activity in general, or alternatively, a new owner may choose to maintain the operation at the current level.
With a PEBITDA of $343,000 for 2023 FY, this operation is suitable for both the working owner or the business owner/investor who wants to be rather passive, and clearly signals an opportunity to reap the benefit of the thorough work done in establishing and re-branding an outstanding service-based automotive repair business, that’s both profitable and secure!
If you have an interest, then an early inspection is advised! Call for an inspection ASAP!!