Automotive repairs – Franchise – All major and minor mechanical repairs – Full mechanical workshop- Retail business offering a range of auto services including car service, brake service, muffler service, suspension repair, tires and other services. – A trusted household name with over 40 years experience in the Australian market. – There are currently over 85 auto service centers across Australia. – Well equipped with 4 bays and 6 hoists.
Automotive – Franchise – Mechanical Repairs – Retail
Price: $638,000 For Sale
Takings (p/w): $34,000
Net Profit: $7,112
Take on more contracts - Own and run a very successful franchise - Could be run under management - Do more networking especially to nearby car yards - More social media and other online marketing.
Excellent location - Well established - Loyal and affluent clientele - Good size workshop - Excellent reputation for quality work and good service - Repeat business - Close to large major car yards - Award winning - Fleet servicing specialist.
Large workshop with modern waiting room, kitchen, 3 storerooms, 2 toilets with rear lane access and an area of 750 m2.
Situated on a busy highway and surrounded by car yards, businesses and residential with excellent street exposure in the Lower North Shore
5.5 days - Mon. - Fri. - 8 a.m. - 5.00 p.m. - Sat. - 8 a.m. - 12.00 p.m.
Current lease expires Aug. 2018 + 5 + 2 year option - expires in 2025, - 4% Increases - 3 month bond - Franchisor holds the lease
2 owners + 3 full time mechanics. + 1 apprentice
Misc. 1 - is for Franchise Fee of 7.5% royalties and 5 % marketing fee. - Misc 2 - Other general expenses and GST - Training can be provided - Outgoings includes rates, land tax and building insurance - This store has the number 1 ranking in Australia. - A must to inspect and a great opportunity but please be very discreet.
Weekly Takings: $34,000
Cost of Goods: $10,350
Gross Profit: $23,650
Miscellaneous 1: $4,250
Miscellaneous 2: $1,850
Total Expenses: $16,538
Net Profit: $7,112
Estimated Stock: NA
Annual Turnover: $1,768,000
Net Profit Margin: 20.9%
Return Of Investment: 1.7 year(s)