Sold! Automotive Reseller Of Suspensions, Filters And Oil – Toowoomba, Qld
Business Sold BS150346 BS150346, Toowoomba, Queensland 4350
Business Category Auto Accessories and Parts
SOLD
Description
Sold! Automotive Reseller Of Suspensions, Filters And Oil – Toowoomba, Qld
Business ID: BS150346
Under Supervision PEBITDA $211k+ - Stock Value $400k
This business is involved in the resale of a range of products, including lubricants, filters, suspension kits, tillage equipment, and spare parts. The business caters to various customer types, including retail, trade, fleet, walk-in customers, and ongoing account clients. Over the years, the business has established itself as an authorized reseller for some major brands and deals with over 40 different brands. The business holds sufficient stock and is known for its excellent product availability, customer service, and competitive pricing. The positive and productive work environment has helped the business retain some of the most experienced employees in the industry, allowing the company to provide recognized expertise to its diverse customer base.
- Turnover averaging over $2.21M every year for the last 6 years
- PEBITDA over $210k in FY 22 and averaging $228k for FY 21, FY 22, and “FY 23”
- Turnover FY 23 YTD up by 14%
- Two high-performing salespersons
- Incentives for salespersons in place
- Developed partnerships with over 40 brands
- Offering tailored Suspensions, Filters, and Oil according to Fleet Unit and its specific use
- Has developed multi-channel product sourcing in case of shortage
- Strong stock holding on shelves
- Large premises and ideally located in Toowoomba
- Asset value of $100k worth between Truck, Ute, Forklifts, Shelving, and diverse tools
The current owner is willing to provide one month of training to the new owner as part of the sale.
This opportunity would be an excellent fit for local automotive spare parts resellers looking to expand their operations and leverage the current business’s supply chain and reputation. It could also be an attractive option for interstate industry players seeking to establish a presence in a fast-growing regional area in Queensland.
Asking Price: Offers over $550k inclusive of stock ($400K) and assets ($100k)
Property Code: 3310
Under Supervision PEBITDA $211k+ - Stock Value $400k
This business is involved in the resale of a range of products, including lubricants, filters, suspension kits, tillage equipment, and spare parts. The business caters to various customer types, including retail, trade, fleet, walk-in customers, and ongoing account clients. Over the years, the business has established itself as an authorized reseller for some major brands and deals with over 40 different brands. The business holds sufficient stock and is known for its excellent product availability, customer service, and competitive pricing. The positive and productive work environment has helped the business retain some of the most experienced employees in the industry, allowing the company to provide recognized expertise to its diverse customer base.
- Turnover averaging over $2.21M every year for the last 6 years
- PEBITDA over $210k in FY 22 and averaging $228k for FY 21, FY 22, and “FY 23”
- Turnover FY 23 YTD up by 14%
- Two high-performing salespersons
- Incentives for salespersons in place
- Developed partnerships with over 40 brands
- Offering tailored Suspensions, Filters, and Oil according to Fleet Unit and its specific use
- Has developed multi-channel product sourcing in case of shortage
- Strong stock holding on shelves
- Large premises and ideally located in Toowoomba
- Asset value of $100k worth between Truck, Ute, Forklifts, Shelving, and diverse tools
The current owner is willing to provide one month of training to the new owner as part of the sale.
This opportunity would be an excellent fit for local automotive spare parts resellers looking to expand their operations and leverage the current business’s supply chain and reputation. It could also be an attractive option for interstate industry players seeking to establish a presence in a fast-growing regional area in Queensland.
Asking Price: Offers over $550k inclusive of stock ($400K) and assets ($100k)
Property Code: 3310
Similar Businesses For Sale
This business is somewhat unique and has no similar competition in this region, category or price bracket.
