Belconnen Exhaust and Automotive - A profitable and established opportunity

Business Details

Belconnen Exhaust and Automotive was established some 45 years and continues to deliver bankable profits. 
 
The current owner Tony has owned it for 30 years, and it has proven to be a little gold mine. But all good things must come to their end and retirement beckons for Tony. 
 
He would like to hand over the reins of this well established and in-demand business. 
 
The turnover is impressive, $800,000 plus per annum; he pays himself profit and wages of $160,000 per annum. 
 
Tony believes that the business can be improved and expanded further.
 
The business has double street frontages and commands a 700sqm warehouse space with an additional 500sqm outside area. 
 
The business is poised for growth and is located in the heart of the Belconnen Town centre. Belconnen itself has 90,000+ residents, with very few offering the size and versatility of Belconnen Exhaust and Automotive.
 
Tony is very realistic about the asking price, and he is the landlord, so arrangements can be made to assist with leasing flexibility.
 
All the equipment is owned outright and is offered with the sale. To find out more, please email sales@capitalcommercial.com.au.

Financial Snapshot

Reporting Period 2021 Weekly Average 2020 Weekly Average 2019 Weekly Average
Sales $812,954.00 $15,633.73 $828,009.00$15,923.25 $765,540.00 $14,721.92
PEBITDA $181,911.00 $3,498.29 $173,793.00$3,342.17 $164,503.00 $3,163.52
Rent $141,818.00 $2,727.27 $141,818.00$2,727.27 $118,182.00 $2,272.73
Owners Wages $110,210.00 $2,119.42 $80,107.00$1,540.52 $92,727.00 $1,783.21

Business Summary

Canberra, Australian Capital Territory
Auto repairs and associated industries.
The premises are owned by the seller. A new lease agreement will be
signed between the seller and buyer.
 
Address of premises: 16 Weedon Close, Belconnen ACT 2617
 
• Total square meters: Internal Area 771 SQM & External Area 512
SQM
 
• Term: If rental would be 5 years
 
• Outgoings: Water & Electricity. Further information could be
provided upon request.
 
A lease is available at market rates which is estimated at $300+GST/m2.
1 Exhaust Technician, 1 Mechanic, 1 Director
Monday To Friday 8:00 AM to 5:00 PM and Saturday - Sunday Closed
Owner Operated

Enquire Now

Sales Summary

Sale Status : For Sale

Sale Method : Expression of Interest

Investment Amount : To be agreed

Stock at Value : $125,000.00

Finance Options :

Frank Walmsley

0400 446 605

sales@capitalcommercial.com.au