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Urgent Sale Truck & Trailer Spares & Parts

$ 550,000.00
Reference Number
2507
Title
Urgent Sale Truck & Trailer Spares & Parts
Date business was established
1980
Business for
Sale
Additional information
Business features
  • Car Parking
  • Disable Access
  • Residential/Commercial
  • Signage
  • Est. Lease
  • Freehold
Additional information
Established 38 years with only two owners.
Revenue
$2,578,642
Net Profit
$340,108
Potential
This location North of Brisbane is one of the biggest existing heavy industrial areas with huge tracks of land undergoing further development. Where there is growth and development there is trucks. Where there are trucks there is a need for spares and parts. No competition plus a progressive approach to stocking and service has seen the business grow every year for the past 10 years.
Skills
The systems can be learnt in a few weeks. Some understanding of basic mechanical terms and some admin skills is all you need.
Hours
Monday to Friday 8.00 am until 5.00 pm. Saturdays from 8.00 am to 12.00 pm.
Lease
5 or 10 year lease fixed rent for 3 years of $6,000 per month plus outgoings with CPI after that. This is designed to give the buyer a chance to get further well established. Very large 459 square metre showroom, sales area and warehouse with mezzanine.
Location
In this location for more than 30 years on a busy thoroughfare. It is well sign written and surrounded by customers.
Employees
3 full time employees plus the owner.
Reason for Sale
Business has been owned for the last 13 years and the 70+ year old owner, who hasn’t worked in the business for many years, has had to return to replace the manager. He wants the business sold as soon as possible preferably before Christmas so that he can continue his retirement, lifestyle and travel.
About the Business
Rising demand for road freight transport has boosted new truck sales with an obvious flow on for truck servicing, diesel sales and truck parts, oil and spares. This and other similar businesses like it have benefited from this sectors growth.
The business is well organised and computerised. These systems are easily learnt over a couple of weeks.
Sale Price
$550,000 plus Stock at Value (Between $400k-$450K) Price reduced by $100,000 to sell it immediately for the reasons outlined.
Annual Nett Profit
$ 340,108.00
Location
Country
Australia
States
Queensland
City
Brisbane
Post code
40000
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