car parts central coast est 50yrs

Today, 4:19pm

Location:
Gorokan 2263 > Central Coast > New South Wales

Investment level:
$230,000 (Negotiable) + SAV

Type:
Business

Industry:
Retail > Specialty retail

Private Seller

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Summary

Well est(over 50YRS)would suit persons with mechanical knowledge and or car enthusiast OWNER/OPERATOR wanting a SEACHANGE or wanting to be their own boss.Part of the AUTO ONE group

Revenue

$820,000 pa

Rent

$55,000 pa

Expenses

$392,000 pa

Net Profit

$135,000 pa

Location Details

the shop has prominent visual main rd frontage with up to 20000 vehicles passing every day

Potential

Importing and online is also an option to increase sales as is more advertising locally

Skills

Qualified staff ensure a smooth running business but would suit car enthusiast persons and while mechanical knowledge is not essential is an advantage

Hours

MON- FRI 8.30-5.30 SAT 8.30-4.00 SUN 8.30-3.00

Lease

lease is flexible to suit buyer as property is owned by business owner

Employees

The manager has been here 25 yrs also have a longterm part time and casual who are flexible with hours and willing to stay

Reason for Sale

owner want to retire

About the Business

BULLSEYE AUTOPARTS has been operating for over 50yrs(23 with current owner).located on Wallarah rd overlooking both Tuggerah and Budgewoi lakes wit inexcess of 20K vehiclespassing each day-it is close to local schools beaches and shopping centres and easy access to the M1.Easily managed with enthusiastic manager and perm/casual staff who run the shop in abscence of manager.Being part of the AUT ONE/A1 group which is australias largest independently owned buying accessing multiple suppliers which assists in better buying nprices but still operating as an independent entity.We sponsor local car clubs and sporting clubs which bring in a loyal customer folowing.

History

the shop was trading for approx 28 yrs with previous owners as an AUTOPRO francise and purchased by present owner in 2003 who had BULLSEYE AUTOPARTS in Lakehaven so moved lakehaven to Gorokan in 2004 and then in 2014 added to the premises which doubled the floor space.The shop has maintained that "old school"shop persona which customers find appealing and giving friendly personal service resulting in a strong loyal customer base

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