Automotive for sale
Leading Automotive Parts and Accessories
A real opportunity to acquire this very well established profitable business as a Trade Sale or for dedicated owner/managers business.
This company was established circa 1980 with only two ownerships over this period to date.
The company has an exceptional reputation for delivery on solutions for its customers. Most customers are long term and benefit from repeat business. Customers depend on the Company as an integral process in their businesses for both trade and private individuals.
The business operates from a high profile location 5.5 days per week only, operationally fully managed by key staff. Of the two owners, one works 5 hours per week back office and the other 23 hours per week. The majority of staff have worked for this owner for over 9 years.
Secure term leases available over adjoining multiple tenancies.
Price Expectation: Our client is prepared to meet the market with a realistic Price $352,308 plus Stock of circa $255,000 (stock can run to a max of up to $380,000).
* Price represents a Return on Investment of 25% (after management), based on steady continuing Sales. Sales FY2013 $1.528m to Sales FY2016 $1.722m and Sales forecast FY2017 circa $1.7m+.
* A top industry Gross Profit Margins of 34-37% being achieved.
* Staffing: 6 employed full time & part time, 2 working owners 1 x 5 hours pw (back office) and the other 22.5 hours pw in and overview role. Operationally fully managed by employed staff.
* Quality Handover assured.
* Ideal acquisition for a trade buyer or a buyer seeking to acquire a strong 5.5 day per week business together with an established customer base.
- Business Category: Automotive
- Business Sub Category: Accessories/Parts