STEVE KELO AUTOMOTIVE - ESTABLISHED 16 YEARS - EXCELLENT LOCATION - LONG LEASE!
Industry :
ProfessionalSub Industry :
BrokerageAbout the business
Phone enquiries - please quote property ID 12679
Successful automotive business established for some 16+ years Perfectly positioned, right next to Super-Cheap, Repco and Autobarn. This ready-made business, is ideally suited to an owner operator, experienced father and son team or even husband and wife team.
Well known in Belconnen area for services and LPG fitting and servicing, petrol and diesel servicing and 4WD vehicle. There is HUGE potential to expand, due to demand. You could easily have 5 mechanics working. The fully equipped workshop has all necessary tools and equipment including:-
2 Hoists
Tyre Balances
Changes
Scanners.
And much more (full list can be provided).
Stock will be sold at valuation and is usually around $30,000.
The premises are leased and are perfect for the business. New 5 year lease (plus options) has been signed, assuring you of this great position. We are also only 2 minutes walking distance from Belconnen Mall and government offices.
This is a strong, sound business and a genuine going concern. Should not be missed by anyone interested in the automotive industry. Owner is ONLY selling due to retirement. So be quick and call today.
No Agent Business enables you to sell your business or commercial property using a for sale by owner (FSBO) method, without paying any commissions. We cater for all business and commercial property types.
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$200,000
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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!
- Make sure it’s the right business for you!
From there, you can make an informed choice - and if you do need some assistance, the Eden Ecosystem is here to help.
The Eden Ecosystem has been cultivated by us using our expertise as digital deal makers, and is designed to help buyers and sellers successfully complete business transactions. The ecosystem features franchising and private sale experts, lawyers, mergers & acquisitions experts, accountants, dedicated account managers, brokers, and network managers, who are all available to help you successfully buy your dream business. Looking for some extra assistance? Get in touch and we can help connect you with the right people!
Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. A business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met.
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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