Brisbane City, Queensland 4000

One of Brisbane's leading Mechanical Workshops

For Sale | $249,000

Mechanical Repair

This well established Mechanical workshop has been one of Brisbane's leading auto mechanical specialists for over 19 years. The business has been owned and operated by the current owner for over 4 years in which time the sales have almost doubled. With projected sales exceeding $900,000 for the 2020 financial year the business has now become one of the most successful in the region.
The business currently employs the owner, one full-time mechanic plus one second-year apprentice. Throughout the current owners period of ownership, he has invested heavily back into the business. The business is now well equipped with state-of-the-art equipment including new Hoists and specialist computer equipment rarely found in a business of this size.
Sales revenue is growing rapidly, as is the businesses client base and reputation. For the 2019 financial year, the business showed an adjusted net return to the working owner of $130,945 and is well on track to show a net to the owner of over $175,000 for the current financial year.
The current owner and his partner have decided to take a step backward from this rapidly growing business to concentrate on their family. The owner is fully prepared to offer whatever ongoing training and support a new owner may require. The attention to detail, effort, and pride he has put into this amazing business over the past few years should be commended. He has created a very strong business with outstanding specialist equipment, excellent reviews, and strong customer loyalty.

The business is on the market for $249,000 + stock.

A detailed Business Information Memorandum is available to approved parties upon completion of our Confidentiality Agreement by using this link https://forms.gle/G81SEQEm6BSteo6h6

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Dru Morgan



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Dru Morgan

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Overview

This Mechanical Repair Business is one of 441 businesses for sale in Brisbane Central, Queensland, and one of 14 Mechanical Repair Businesses in this region that a business for sale currently has on offer. This Mechanical Repair Business is for sale in Brisbane Central for the asking price of $249,000 and is new to the market.