The asking price of $540,000 comprises parts stock and equipment.
The business is involved with supplying varied parts and accessories product range, mainly associated with imported later model (and also older) American commercial type vehicles. It also undertakes repairs, upgrade and modifications of these vehicles using the parts and accessories they sell. Broadly, it supplies other workshops (in Western Australia and in the eastern states) with these parts and accessories as well as to its own direct customers, therefore has a somewhat unique diversity of customers and income streams which is unusual for this type of business. There are also some realistic potential expansion opportunities a new owner could adopt, given the energy and desire to do so.
The products are sourced from various manufacturers and suppliers, mainly from overseas. Sales orders are received from parts customers either by phone enquiry, fax orders and mostly repeat business. The same applies to the workshop, where there are many repeat customers, including private individuals and commercial businesses.
The lease on the workshop property is due in early 2020, so this business can now easily be relocated to another location. It will be suitable for a bolt on to another mechanical workshop type business and looking for some type of strategic expansion. By adding this business to an existing business, it could add significant profit and value to the Buyer’s existing business. It could also potentially suit a stand alone operation as it is currently run.
The asking price relates to parts stock (approx. $500,000), plant & equipment ($40,000). The Vendor is motivated to sell and will consider all offers. A handover will also be provided to the Buyer as needed. If you have an existing mechanical workshop and are thinking about expanding by acquisition, this could be the ideal fit.
We are currently preparing the Information Memorandum which interested parties can have access to after signing a Confidentiality Form. The IM will be sent to registered parties once it is finalised. For further information contact the Zircom Office on (08) 9409 2266 or submit enquiry form.