Summary
Spacious workshop, niche business, history of strong profitability, plenty of equipment included, secure lease available, engine services market leader in the Penrith, Blue Mountains & Hawkesbury area
Reason for Sale
Owner is retiring
About the Business
Based in the Penrith area, this well-established business has been trading for over 30 years. Having been in business for this length of time, the business has built up an extensive database of repeat customers, including long term trade customers. As a result, it is a busy workshop that is ready for a new, keen owner to step into and operate.
This business mainly works with light vehicles, with a particular emphasis of four-wheel drive vehicles. In addition to regular vehicle servicing work, the business has a strong focus on working with engines. It does plenty of engine reconditioning, replacement and servicing jobs. This gives the workshop a distinct niche that provides a competitive advantage over other mechanical businesses in the area.
The business operates from a spacious workshop with plenty of allocated parking. It also has 4 hoists. As a result, the business can keep a good number of vehicles on-site at any particular time. In addition to its workshop area, the business has a separate reception and office area. Mechanical workshop space is becoming hard to find in the Penrith area, and this one is a gem. It has prominent signage that gives a great first impression to customers.
The workshop has a significant amount of equipment. This includes engine cranes, scanners, diagnostic equipment, a machining section and more.
Profit to the working owner was $127,000 for the 2021 financial year.
This quality business is being offered for sale at $195,000 plus stock. If you are after a solid, established, profitable mechanical workshop, with plenty of included equipment, this could be just the business you are looking for.
The location of this business is not exact, it is indicative only.