Project Description

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Smash repair business in Picturesque Coastal Portland far Western Victoria.

After 47 years of husband and wife ownership the business is for sale.

The premises were designed and built by the owners with perfect forethought boasting 880sq metres.
Major operations such as the panel / repair shop and paint shop are well separated to eliminate noise and dust. It has a spacious office with 4 work stations, a very comfortable lunch room with all necessary requirements and a nicely appointed reception and waiting area.

Attached to the sale are two fully equipped tow trucks with tilting trays (the only two in Portland) offering 24/7 towing and roadside assistance. One vehicle has a licence to operate in a 100km radius; the other is licensed for the state of Victoria. There is further opportunity for commercial towing.

A solid relationship with insurance companies is also in place.
Additionally there is a fully enclosed storage building for damaged vehicles 380sq metres as part of the rental package

Considering the high level of skilled staff – on the floor, experience in quoting, accounting, administration and reception, the business is a must for anyone in the smash repair business as a “bolt on” or stand-alone. It would also be well suited to be operated remotely under management.

The business is the larger of only two in Portland

Vendors will assist with a generous handover period.

Don’t miss out on this constantly growing magnificent business.

FAST FACTS

  • T/O 2020 – $1,637,931
  • T/O 2019 – $1,469,843
  • T/O 2017 – $1,424,151
  • Discretionary N/P 2020 – $261,215
  • Current Rent for both buildings – $52,000

BUSINESS FEATURES

  • Established 47 years
  • Sales are steady
  • 5 full time work shop staff
  • 3 full time admin staff
  • Separate panel storage area
  • Mezzanine storage area
  • Separate detailing section
  • Refinishing and prep area
  • 2 accident tow trucks (100km licence) + (State of Victoria licence)

REASON FOR SALE

Vendors wish to retire

All images are genuine

Being in Portland, Corona has no affect

Contact4
Peter Troy  0412 33 00 77
Email:  peter@sbbrokers.net