Business For Sale Mornington, Victoria 3931
Business Category Mechanics
$430,000 + SAV
Description
European Automotive Service Business – Bayside, Vic
Business ID: XB158321
Net profit of $235k plus – Services booked in advance for 3 weeks
An outstanding opportunity to acquire a highly regarded European automotive service business specialising in prestige vehicles like VW, Audi, Skoda and Cupra. With decades of expertise, this business has built a stellar reputation for delivering exceptional service and quality workmanship.
Strategically located in a high-demand area, the business enjoys excellent accessibility and a loyal client base, including some relationships lasting over 20 years. Its strong financial performance and established foundation make it an excellent choice for automotive professionals or investors seeking a profitable enterprise.
Business Highlights:
- Consistent revenue of approximately $1.5M in FY-23 and FY-24.
- Profit to the working owner: $276K in FY-23 and $346K in FY-24.
- Trusted reputation with 4.9-star Google reviews and strong customer retention.
- Well-equipped workshop with advanced diagnostic tools and a clean, organized environment.
- Trades five days a week with steady demand.
- Experienced and skilled staff in place to ensure smooth operations.
- No marketing spend – only word of mouth and references from dealers.
- Growth opportunities through service expansion and targeted marketing efforts.
- Reasonable monthly rent of approximately $4K with flexible lease terms.
Training: The current owner offers a reasonable 2-week training and handover period to ensure a smooth transition and continued success.
This business is ideally suited for an experienced automotive professional or an investor seeking a profitable, turnkey operation.
Asking Price: $430K plus SAV
Property Code: 4197
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This business is somewhat unique and has no similar competition in this region, category or price bracket.