Automotive Spare Parts And Accessories Business For Sale

Business description

This long-established, highly profitable business is ideally located in a busy thoroughfare in Melbourne’s western suburbs, just across from the entrance to the Western Ring Road. The business specialises in automotive spare parts and accessories for both retail and trade customers and is well known throughout the industry.

* Established for over 26 years
* Premises are currently leased; however buyers have the option of purchasing as leasehold or freehold.
* The ground floor is approximately 490 sqm and there is an additional 225 sqm on a mezzanine level.
* There are two offices and a large staff kitchen area on the ground floor, and an additional office on the mezzanine level.
* Ample parking abounds at the front and side.
* Purchase price includes an extensive range of plant & equipment, fixtures & fittings, recently valued at $79,000 as per the current balance sheet. The equipment includes two vans badged with the business’s logo and decals.
* The existing owner is prepared to stay on for a negotiated period of time at a negotiated rate.
* This business is also available Under Management, with one of the existing owners prepared to negotiate a contract to manage the business on an ongoing basis for the purchaser – see separate listing.

With turnover in 2006 of nearly $1.2 million and attracting a constant stream of retail trade, this business is an ideal opportunity for a buyer with an interest or knowledge in the auto industry. There is ample opportunity for buyers to take the business to the next level through an active marketing campaign and possibly a website.

Property information

Real Estate:

Lease

Lease terms:

New lease to be negotiated with owner. Option to buy leasehold or freehold.

Location:

Major thoroughfare in Melbourne's western suburbs close to Western Ring Road entrance.

Other information

Expansion potential:

Ample opportunity for buyers to take the business to the next level through an active marketing campaign and possibly a website.

Support & training:

Owner prepared to stay on for a negotiated period of time at a negotiated rate.

Reasons for selling:

Owners are selling due to illness.

Trading hours:

Mon to Fri - 8.30am to 5.30pm, Sat 8.30am to 4pm, Sun & Public Hols closed

Furniture / Fixtures value:

$79,000

Inventory / Stock value:

$180,000

Contact the seller