Automotive Scratch Repair Business - Newcastle. Price reduced from $99K to $49K!
Automotive Scratch Repair Business - Newcastle. Price reduced from $99K to $49K!
Industry :
AutomotiveSub Industry :
DetailingWell established and profitable Mobile auto scratch repair and paint correction business in Newcastle.
Price reduced from $99K to $49K!
Established over 12 years ago, this business has regular car dealer customers as well as private customers. The business uses a patented scratch repair product which it has licence to. This product is absolutely unique in the marketplace.
Summary:
- Sales revenue approx. $120K p/a.
- Very low overheads.
- Tools and stock included in the sale.
- Operated by one owner operator, but has plenty of opportunity for expansion.
- The business provides scratch repair for vehicles as well as traditional cut and polish.
- Has an exclusive franchise territory.
- Assets including VW van, buffs, touch up paints etc and goodwill will be transferred to the buyer along with a handover / training period.
- Reason for sale: retirement.
This business is suited to operate as sole trader, husband/wife, parent/child or a partnership. Your choice. The buyer we are seeking would not only have the attributes mentioned above, but ideally you would have previous experience in an automotive trade repair background with a passion for achieving superior results. However, we will provide full comprehensive training so anyone with a passion for hands on work would be suited.
Priced to sell at $49,000
NOTE: the Franchisee has now retired and this territory is being operated by the Franchisor.
For more info contact Matt on 0408 299 888
Location description may be approximate, and images may not be representative of actual business for sale.
THE PURCHASER TO MAKE HIS/HER OWN INVESTIGATIONS AND ENQUIRIES IN RELATION TO THE BUSINESS AND NOT TO RELY UPON WARRANTY OR STATEMENT MADE BY THE VENDOR OR BY ANYONE ON HIS/HER BEHALF; Please Note: All figures quoted are approximate.
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$49,000
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Buying Advice :
Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. Before you make that offer, there are a few things you should consider to determine whether this business is right for you or not.
These include:
Ensure the seller is 100% verified by us!
Can you afford the business? Do you need financing to assist with the purchase?
Have you done enough research? Complete some industry analysis, research competitors, verify revenue figures and so on!
Ask the seller some questions - why are they selling, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified - this is your chance to pick the seller’s brain!
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Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private. Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.
Once you’ve done your due diligence and you’re satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. From start to finish, the entire business transaction can be done through the Eden Exchange platform.
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