Major Regional Auto Parts & Service Centre | ID: 1209

Toowoomba & Darling Downs Region, QLD
Asking Price $835,000
A major regional auto parts store, complete with a professional Auto Service Centre and the same owners for almost 40 years, is now available for sale as either an Owner-Operator or Under-Management acquisition, with one owner prepared to negotiate possible long-term employment as the manager.

The business has evolved over the years by supplying a very wide range of both automotive & agricultural supplies and services to serve their remarkably diverse region.  

In recent years further diversification into more industrial products has become necessary to further support the existing and ever-growing business requirements of the region.

The decision was also made some time ago to join a major (non-franchise) buying group, providing increased profit and access to further products.

Now after nearly 40 years, being supported by a loyal and long-standing staff and a strong income of almost $3m per year, the owners have decided it is time to pass the mantel of ownership to someone who can guide the businesses continued growth into the future.

The landlord (the vendor) is prepared to offer an initial 3-year fixed rent incentive to the purchaser, with a long lease available.

Plant & Equipment included in the sale is estimated to be well in excess of $100,000.

The additional payment for SAV (Stock At Value) would be determined by a stocktake, prior to settlement, but would be circa $500,000.

If you would like to know more about this business please complete our online confidentiality agreement here: https://www.xxxxx-forms/ca-form-1209

or visit our Website www.xxxxx and use the reference #1209 to search for the business.

Property Code: 1209
Ref Num: abba_51_470
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