Summary
Bundaberg Commercial is exclusively marketing this auto electrical business. It's for those who like to sleep well at night knowing you have resilience, expansion and security in their investment.
Location Details
Unit 1, 47-49 Islander Rd
The new owner relocated the businesses to Islander Rd which is the heartland of Hervey Bay’s industrial area. New building, new address and tremendous growth.
Potential
The business is only open Monday to Friday so there is room to expand by being open Saturdays. The business has plenty more work available as there are constant telephone call overflows.
Skills
Both owners are involved in the business. The husband is on the tools and the wife does the bookwork.
The new owners can be similarly involved or can instal a foreman to run the business with some replacement support in the accounts area.
Hours
8 - 4.30 Monday to Friday
Lease
A new lease will be provided to suit the buyer.
Employees
1 third year apprentice, 2 trade assistants, 1 tradie plus one owner, and other owner doing admin and accounts.
Reason for Sale
The owners have taken a lot of time and energy to relocate and grow the business these last 5 years. They now would like to spend more time on the family farm.
About the Business
Bundaberg Commercial is pleased to exclusively market this auto electrical business. This is one for those who like to sleep well at night knowing you have resilience, expansion and security in their investment.
This concrete tilt panel industrial shed/retail premises with the two established business of Pialba Auto Electrics is in the middle of Islander Rd which is the heartland of Hervey Bay’s industrial area.
The premises
The 299m2 unit fronts the road within this small complex and has some bonus carparking on site by virtue of being at the front. Like most industrial estates, car parking is at a premium so this positioning is a huge asset. The small body corporate complex is fully let with solid businesses.
The building has a generous office, large work area and a mezzanine level (not counted in the 299m2) which has an air conditioned meeting room and storage area.
The business
Pialba Auto Electrics is a household name in ‘the bay’ having gone through several long term owners in it’s 38 years. The current owners took over 5 years ago and moved the business to bigger more central premises. This relocation has resulted in continued good growth with both retail and commercial clients.
The business comes with $60,000 worth of assets and there is an additional $60,000 - $80,000 in stock which will be valued at business changeover.
The core revenue comes from government work including a new 5 year contract with the local council, new electrics in vehicles and caravans, business referrals and parts.
The business is worked by a good team including the owners who are on the tools and doing the bookwork like many business couples. There can be a workshop manager recruited who could run things which makes this an ideal investment for someone looking at a managed business.
The offer
This unique leasehold business is available to be sold for $160,000 plus SAV of about $60,000 (GST not applicable).
Contact Peter Bender on 0421 253 771 from Bundaberg Commercial for a business profile.
History
Pialba Auto Electrics is a household name in ‘the bay’ having gone through several long term owners in it’s 38 years. The current owners took over 5 years ago and moved the business to bigger more central premises. This relocation has resulted in continued good growth with both retail and commercial clients.
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