Sold! Auto One Newcomb (geelong) - Auto Parts And Accessories Retailer

Business ID: BS151824

Profit to owner operator $280,000, sale price $320,000 plus SAV

Auto One Newcomb (Geelong) is a locally owned and operated family business and part of the Auto One Group which is an independent, member-owned automotive parts and accessory group.

The business occupies under lease a superb retail premises with excellent exposure to passing traffic on the busy Bellarine Highway that links Geelong with the very popular and fast-growing Bellarine Peninsula.

Auto One Newcomb (Geelong) generates annual Sales of $1.3-$1.4m and is open 7 days per week.

Auto One Newcomb:

- Has a team with a passion for cars and all things automotive

- Offers great service, a great range (over 140 industry leading brands), and great everyday prices

- Auto One is a prominent name and brand that has high customer recognition in the automotive parts and accessories market. The business receives many benefits from being a member of the Auto One Group.

- Excellent long-term lease in place

- Extensive list of plant and equipment included

- Has established systems and processes, a proven business model, and receives ongoing marketing and business support

Training and handover will be offered to a new owner to ensure the business continues to thrive and prosper (terms and duration to be agreed).

The business is being sold in a very healthy state and offers an exciting opportunity for a new owner. Mechanical background and/ or automotive experience would be advantageous. Previous customer service and retail experience also of benefit.

Asking Price: The asking price for the business is $320,000 plus stock at valuation (SAV approximately $250,000)

Property Code: 3074