Business Sold Darwin, Northern Territory 0800
Business Category Auto Electrical Mechanics
SOLD
Description
Heavy Vehicle Mechanical Repairs - Darwin - Under Cost Price
Highly profitable, extensive Plant and Equipment value and sole provider of in-situ Heavy Vehicle Wheel Alignment Services and Driveline Manufacturing and Repairs in the NT with 13 years trading from current location. Priced at less than P&E and Stock value
Cadillac Transport Repairs has been servicing the Top End Transport and Bus Industry for the past 26 years, including the past 13 years from its current Winnellie location.
It is a highly profitable, strong cash-flow business showing strong growth and offers a range of services for which it is the sole NT provider.
The business provides both mechanical services and spare parts sales to its clients and has a full team of specialised trade personnel on staff. It operates from large spacious premises, fully fitted out with excellent access for its clients
The key highlights of the business are:
* Quality - A 20+ year trading history with a huge range of repeat clientele.
* The only Drive Line specialist in the Northern Territory with experience and capacity in repairing or manufacturing drive shafts to suit any vehicle or machine (ride on mower to dump truck)
* The only in-situ Wheel Alignment facility in Darwin which can handle light to heavy vehicles, passenger vehicles, trucks, trailers and buses
* Cost price of plant and equipment is well in excess of asking price
* Both Service and Spare Parts revenue streams.
* Large, spacious, well designed workshop with attached Air-conditioned offices and reception on over 5,000sqm block.
* Full team of experienced trade qualified personnel on staff.
* Long term business records in place
* A diversified customer base Largest customer only 6% of revenue.
* Excellent lease in place.
* Price is fully underwritten by Plant and Equipment and Stock
* Priced at better than 2 x Multiple of 2023 earnings
Priced for quick sale at $229K + SAV ($420k)
If you are interested in this very rare opportunity, act now and call Andrew Hahn at Territory Business Sales on XXXXXXXXXX or email XXXXXXXXXX more information.
TBS - Licensed Agent AL1041 16 Smith St Darwin NT
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This business is somewhat unique and has no similar competition in this region, category or price bracket.