$100,000 +Stock
Food/Hospitality
This established local business is presented to the market 'For Sale' for the first time in the public arena. (The business has been sold several times in the past but either internally or by 'word of mouth').
The current owners bought the business knowing how well it was performing.
While they are totally invested in the business and are making good returns, they have chosen, at this time, to follow another course in both their business and personal lives.
The opportunity exists for the new owner to takeover the helm of a steady, well-performing. Add to its capabilities by slipping into the 4×4 and ATV markets, in addition to the current portfolio of work.
A second vehicle hoist (certified) has recently been installed to assist with the perceived workload increase. There is also the option to carry out mechanical repair work and/or the fitting of parts sold over the counter.
On average, 125 cars are kept in the wrecking yard, with a large quantity of vehicle parts kept under secure cover.
The stock on hand is catalogued and parts are numbered and sold via 3 online selling platforms, phone sales and across the counter sales.
The business is also a Capricorn preferred supplier with an 84.4 out of 85 system rating.
Currently operating Monday to Friday, the business could open Saturdays and generate more income.
Asking price $207,500 + SAV
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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