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Lucrative Auto Parts Business In Central Coast For Sale

Central Coast, New South Wales, Australia
Asking Price:
$345,000 (AUD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$750,000 (AUD)
Cash Flow:
$750,000 (AUD)

Automotive spare parts shop in a great main road frontage established over 48 years with current owner and manager since 2003. Part of the Auto1 chain with an excellent manager and great staff and fantastic customer reviews. Close to local schools, beaches, and main shopping centres and only 10 minutes from the M1 overlooking Tuggerah and Budgewoi lakes, with 20k+ cars passing daily, giving the shop great exposure.

Being a member of the Auto1 (A1 Auto) group, the shop is part of the largest and fastest-growing automotive parts and accessories group in Australia, which gives access to competitive pricing and range of quality brand name parts.

The business is operated by MYOB Retail Manager from point of sale to online stock control and re-ordering backed by suppliers online ordering portals.
Parts look up is mainly done via Oscar online catalogue and supported by various supplier online product catalogues and pricing, which shows real-time warehouse stocks and pricing
Being part of the Auto1 buying ensures the business has access to the very best pricing from leading suppliers, including rebates from selected suppliers, which average $1500-$1700 per quarter.

asking price is $250K +SAVfor business with option to purchase freehold

Property Information

Real Estate:

Lease

Lease Terms:

TBA

Location:

Main road frontage

Premises Details:

Retail shop

Business Operation

Expansion Potential:

Online website and product expansion

Competition / Market:

Bursons, Repco, Autobarn, Supercheap

Reasons for selling:

I have been doing this for over 40 years and looking to retire

Trading hours:

8:30am-5:30pm Monday - Friday
8:30am-4:00pm Saturday
8:30am-3:00pm Sunday

Employees:
Manager and 2 casuals
Years established:
40+ years

Other Information

Support & training:

in house training by existing staff and fully computerised

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

TBA

Furniture / Fixtures value:
$75,000 (AUD) - included in the asking price
Inventory / Stock value:
$90,000 (AUD) - included in the asking price
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