Business ID: BS------
3 yr avg income to owner $250K+ Sale Price $450K
Established over 30 years and under the same family ownership throughout this time, this smash repair business is well known and respected in the area for its reliable service and quality of work.
As a result, it has a database of many ‘100s of individual clients and also is a recommended repairer for 5 Insurance companies.
Administration costs and speed/ease of producing quotes has been greatly enhanced by the use of industry-leading software which allows quotes and admin to be done from any location.
-Annual Revenue $1.85m+
-Experienced and reliable trades staff in place
-Staff can manage the business in the owner’s absence
-Workshop always booked one month in advance
-Large workshop premises 500sqm+
-Secure onsite parking for 100 cars
-Internet-based security system in use
The vendor will provide a month’s handover to the purchaser as this should be sufficient for someone with experience in the motor repair trade. A longer period of handover can be discussed if required.
This is a well-established business generating a very good income for the working owner. There is potential for further growth under energetic new ownership as the owner now manages the workload to a lower volume than the business has experienced in the past. Opportunity already exists to increase the workload if a new owner wished to do so.
Asking Price: The Goodwill and Assets of the business are available for $450,000 (plus GST if any) + SAV.
