Keep it small & profitable or amp it up? Euro cars mechanic
Bundaberg European Automotive Specialists fits very nicely into our growing automotive portfolio. The business is unique in that it is the only dedicated European car services mechanic in the growing Bundaberg Region of about 100,000 residents.
Customers bring in their Mercedes, Porsche, Volvo, Audi, BMW and VW's for regular services and love.
The business is very selective on the work that it does which only includes services, brakes, steering and suspension. All other work is turned away which means a new owner can easily grow the business including putting on some more mechanics.
A good sign that you are looking at a strong business is to look at the age of assets. Here you will find four new 4.5 tonne hoists including one 4 poster. There is also a full range of diagnostic computers to cover every car brand. Cranes, compressors and oil pumps round out the asset list.
The workshop is huge and can easily accommodate another 2-3 mechanics or continue to be utilized with only morning car services.
The owners have been on this site for 14 years and have a long 3 + 3 lease in place. Prior to this site the business existed for an earlier 14 years so that's a lot of regular clients. They are even starting to service the vehicles of some clients' grand children!
There is no advertising other than a website to help new locals find the business. Once again this means that there is plenty of growth potential in the business. The business is booked 4-6 weeks in advance and has been such for most of the past 10 years!
The toughest decision for you is whether to keep it as a lifestyle business with a very nice income, thank you very much, or to expand it into a bigger operation. How will you proceed?
The asking price is $425,000 (GST not applicable) which includes all stock (about 3 months' worth) and assets.
Cash and bank budget approved buyers are encouraged to contract Peter Bender who is the exclusive listing agent at Bundaberg Commercial. He will organise a confidentiality agreement for you.
Disclaimer:
The information contained herein has been obtained directly from the seller and other sources but cannot be guaranteed as accurate. Clients are advised to verify any information through normal due diligence.
