Sold! Brisbane Automotive Service, Mechanical Workshop- Kedron, Qld

Business ID: BS142227

$270,645 profit to owners in 2019, with 6100 customers

Brisbane Automotive Service is a well regarded automotive workshop, established for 20 years with over 6100 customers. It is conveniently located in Kedron, attracting customers living or working on the Northside of Brisbane. This well presented 570m2 workshop has 6 hoists and 4 full time mechanics, providing a healthy return to owners. The owners share the role of office manager and do not work on the tools.

-6 hoists, 4 full time mechanics
-Proven marketing systems in place
-5 days per week only
-Excellent Brisbane Northside location
-$1 million plus annual revenue average last 3 years
-2019 profit to owners $270,645
-2019 EBITDA $180,645 (if business run under management)
-41.9% ROI per annum
-$118,369 assets included in asking price, as valued by owner
-Approx $30,000 stock included in asking price

The owners now wish to retire and offer this rare opportunity to purchase a well located, highly profitable workshop, with further upside potential. They will assist the buyer with training and coaching for up to 3 weeks.

The asking price is $429,000 WIWO, including assets valued by owner at $118,369 and stock with an estimated value around $30,000.