European Automotive Service Business – Bayside, VIC

Business ID: XB158321

Net profit of $235k plus – Services booked in advance for 3 weeks

An outstanding opportunity to acquire a highly regarded European automotive service business specialising in prestige vehicles like VW, Audi, Skoda and Cupra. With decades of expertise, this business has built a stellar reputation for delivering exceptional service and quality workmanship.

Strategically located in a high-demand area, the business enjoys excellent accessibility and a loyal client base, including some relationships lasting over 20 years. Its strong financial performance and established foundation make it an excellent choice for automotive professionals or investors seeking a profitable enterprise.

Business Highlights:

   -  Consistent revenue of approximately $1.5M in FY-23 and FY-24.

   -  Profit to the working owner: $276K in FY-23 and $346K in FY-24.

   -  Trusted reputation with 4.9-star Google reviews and strong customer retention.

   -  Well-equipped workshop with advanced diagnostic tools and a clean, organized environment.

   -  Trades five days a week with steady demand.

   -  Experienced and skilled staff in place to ensure smooth operations.

   -  No marketing spend – only word of mouth and references from dealers.

   -  Growth opportunities through service expansion and targeted marketing efforts.

   -  Reasonable monthly rent of approximately $4K with flexible lease terms.

Training: The current owner offers a reasonable 2-week training and handover period to ensure a smooth transition and continued success.

This business is ideally suited for an experienced automotive professional or an investor seeking a profitable, turnkey operation.

Asking Price: $430K plus SAV

Property Code: 4197