13 Meech Street, CURRIE 7256
$ 250,000
David Bowling

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Elders Launceston
Cnr Richard Street & Airport Road,
Breadalbane, TAS 7259

13 Meech Street, CURRIE 7256

Automotive for sale

13 Meech Street, CURRIE TAS 7256

$ 250,000

Business Details

Mechanical Opportunity on King Island...

SUMMARY
A growing King Island business servicing all types of vehicles, agricultural UTV's, ATV's, bikes and lawnmowers.

BUSINESS OVERVIEW:
Gross sales revenue: Average $16,500 p/w.
The business has seen continual growth since being established in 2004.
Located in the Commercial Business District of King Island. Close proximity to the Elders Merchandise Branch, King Island Council, Service Tasmania and Main Street of Currie.

WORKSHOP ENVIRONMENT:
andbull; Workshop floor area; 441.0 M2
andbull; 6-Bay workshop, two offices, showroom, storage loft, two toilets, parts room, separate tyre and oil bays, kitchen and laundry facilities.
andbull; Two hoists, (2post and 4post) latest Snap-on laser wheel aligner, electronic wheel balancer, two tyre machines, 3-Phase compressor, hoist cross-bar lifter, most equipment less than 12 months old and fully owned by the business.

STRENGTHS:
andbull; Profitable business.
andbull; Authorised Inspection Station (AIS) licenced to issue road Roadworthy Certificates.
andbull; Business reputation is known as friendly helpful staff and quality Customer Service.
andbull; No advertising required due to repeat clients and new business by word of mouth.
andbull; Currently supports 3 full-time motor mechanics.
andbull; The service centre has ample off-street car parking area.
andbull; Subagent of ATV and lawnmower dealerships.
andbull; Member of the Capricorn buying group.
andbull; Good opportunity for further growth.

OCCUPATIONAL RIGHTS:
Lease term: 3x3x3 years.
Current rent including outgoings: $2,320 per month plus GST and statutory outgoings.
Annual rental increase: CPI.
Rent reviews: At the beginning of each new term.
Land / property total area; 1,770 M2
Infrastructure floor area; 441 M2.
* Purchase option of property available.

ASSETS, EQUIPMENT and FIT OUT:
All Plant and Equipment, Special tools, Benches, shelving and Office-ware are all included in the sale price.
The business is fully equipped with all of the latest technology in the automotive trade, including Diagnostic technology and all other equipment appropriate for roadworthy testing.

TRADING HOURS:
Monday-Friday: 8am to 5pm.
Saturday and Sunday: Closed.

FINANCIAL INFORMATION:
The financials will be provided to prospective qualified purchasers upon request.

ASKING PRICE:
$250,000 plus Stock at Valuation (SAV).

For further information or to arrange an inspection, please contact;
Damien Archer
M: Click to call
P: Click to call
E: Click to email

Summary »

  • Business Category: Automotive
  • Business Sub Category: Mechanical Repair
  • Floor Area: 441 sqm
  • Land Area: 1770 sqm

Enquire

Elders Launceston
Cnr Richard Street & Airport Road,
Breadalbane, TAS 7259

Phone: 03 6398 8505
Fax: 03 6391 8411

David Bowling
Phone: 03 6462 1566
Mobile: 0428 621 597

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