Summary
Strong, profitable and diverse automotive business in Heyfield, Victoria. An excellent staff of 9, plus 2 working owners, provides a full range of workshop services and complete tyre service.
Revenue
$2,470,000 pa
Rent
$50,000 pa
Expenses
$2,223,000 pa
Net Profit
$371,000 pa
Location Details
12 MacFarlane Street
Located in a country town servicing the surrounding farming district.
Potential
Located in a region with a diverse farming businesses and timber manufacturing, there is potential to expand the range of customers and ongoing workload beyond the current base. The existing owners have experienced significant growth over the last 8 years, but with new energy and enthusiasm there is more to be gained!
Skills
This is a fantastic opportunity for new owners with the skills to manage loyal, high performing staff. A key factor in the existing owner's success has been a sharp focus on customer service and building strong local relationships, and this will remain a strong factor in future growth. With a business of this size, a committment to accurate administration will be key.
Hours
Current hours for the workshop are 8am to 5pm weekdays. A reduced crew is on site from 7am weekdays and 8am-11am Sat.
Lease
A long term lease would be negotiable for new owners.
Employees
3 x motor mechanics, 1 x auto electrician, 1 x apprentice, 1 x tyre fitter, 1 x tyre fitting assistant, 1 x full time + 1 x part time customer service / administration assistant, 2 current owners completing a range of tasks
Reason for Sale
Thomson Valley Service Centre has operated for the last 8 years as a father / son partnership. Alan is retiring after nearly 60 years in the automotive industry, and Greg is keen to pursue new opportunities given his father's retirement.
About the Business
Business Strengths:
• Consistent profitable performance over the last 8 years
• Long term customers including state government departments, significant farming operations and earthwork contractors
• Excellent relationship with a large number of local private customers for regular servicing, repairs and tyres
• Diversification across various parts of the business to provide solid regular revenue stream.
• Demonstrated ability to provide consistent business performance in a range of economic conditions.
• Large geographic capture (Heyfield, Glenmaggie, Denison, Nambrok, Riverslea, Coongulla, Winnindoo)
• Excellent relationships with a range of suppliers and service providers
Capabilities - staff & equipment for:
• Mechanical servicing and repairs
• Auto electrical installations, repair and diagnosis
• Full tyre service including passenger, 4wd, truck and agricultural
• Wheel alignments
• Road worthy inspections (new owner will need to seek appropriate Vicroads accreditation)
• Air conditioning (new owner will need to seek appropriate accreditation)
Business Assets:
• 5 hoists
o 3 x two post hoists
o 1 x 4t four post hoist, configured for wheel alignments
o 1 x 6t four post hoist for large 4wd vehicles, courier vans etc.
• Wheel Aligner – John Bean V2200
• Tyre fitting machines
o 2 x passenger, including accessories for very low profile tyres
o 1 x truck and agricultural, suitable for up to 42” tractor
o wheel balancer
• 2 x Vehicles
o 2017 Mitsubishi Triton, equipped for site tyre work
o 2002 Mazda utility, equipped for site mechanical and electrical work
• 2t forklift
• 10hp compressor
• 2 x Scan tools (Autel & G-scan)
• Brake disc lathe
• Brake drum lathe
• Flywheel grinder
• Lathe
• Bench grinder
• 50t press
• Pressure washer and wash bay with triple interceptor pit (including trade waste license)
• All equipment required for Victorian roadworthy inspections (recently audited by Vicroads)
• Air conditioning equipment for recovery and re-gassing
Current Staff:
• 3 x qualified motor mechanics
• 1 x qualified auto electrician
• 1 x mechanical apprentice
• 1 x full time tyre fitter
• 1 x tyre fitting assistant and general workshop assistant
• 1 x full time customer service / administration assistant
• 1 x part time customer service / administration assistant
• 2 current owners complete a range of tasks including some workshop repairs, administration, tyre fitting, customer service etc.
History
From approximately 1986 to 2016, this site was the location of Thomson Valley Motors. In 2016 Alan and Greg Tomamichel (father and son) established Thomson Valley Service Centre. During the last 8 years the staff has increased from 5 to 11, and the business throughput and profit has more than doubled. With 38 years of automotive business at this site, it has a very strong relationship with Heyfield and it's surrounding regions.
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