Long Established Affordable Rent

Business Sold Newcastle + Hunter NSW Region, New South Wales

Business Category General Retail Mechanics Petrol Station

SOLD

Description

Long Established Affordable Rent

Mechanical workshop established in the region of 40 years plus. Located on the east side of Lake Macquarie T/O $380k Nett Profit approx. $90k
Workshop approx. 140m2 with mezzanine and undercover

Mechanical workshop established in the region of 40 years plus.

Located on the east side of Lake Macquarie T/O $380k Nett Profit approx. $90k

Workshop approx. 140m2 with mezzanine and undercover external work area and separate office/reception.

Operated by Owner, 1 mechanic plus apprentice.

Approx. 35 regos per week plus blue slips, services and repairs.

Steady flow of work, large database of repeat customers plus referrals etc.

Website and social media in place.

4 post hoist, 2 post hoist plus 2 post direct lift plus much more equipment.

Operated Monday to Friday with Saturdays by appointment only.

Very affordable rent $400 per week (no GST) and long lease available.

Plenty of on street and off street parking.

Call Exclusive Agent John Ramsay

Price: $85,000 plus SAV SAV: Approx $3,000

Region: Lake Macquarie East Side

Turnover: Approx $380k per annum

Adjusted Net: Approx $90k per annum

Plant Value: Approx $20,000

Years Established: 40 plus years, 8 years owner operated

Permanent Staff: Owner, 1 mechanic plus 1 apprentice

Hours Weekday: 7.45am to 5pm Hours Weekend: Saturday Appointment Only

Lettable Area: 140m2 workshop + mezz + 15m2 undercover

Lease Terms: New 3 year plus 3 year option

Rent per Calendar Month: $1,733.33 GST: exempt

Outgoings: $ Paid By: Included in rent

Parking Comments: Plenty of street & offstreet parking

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Bsale ID: 530737

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