Business for Sale, Specialist Auto Parts Recycler - Ref# GCA735 - Business For Sale

Business Description

Reference Number: GCA735
Location: Brisbane
Category: Motor / Mechanical / Service Stations

Asking Price: $395,000 WIWO
Annual Turnover: $524,858
Status: Available

Business Description

This long established Auto Recycler retails both new and used parts and has been situated at the current premises for the past 23 years. This business currently specialises in Korean parts recycling, with vehicles such as Hyundai, Daewoo, Kia and Proton being dismantled and other popular makes and models wrecked on occasion. With demand increasing for the popular imported Korean vehicles in past years, the demand for a reliable and cost effective supplier parts for the same has also increased, hence the positioning adopted by current owners of a ‘specialist Korean parts recycler'. Cars suitable for wrecking/used part stock are secured from client calls and the damaged auctions. As a preferred reseller agent for new parts this business sources direct from the importer at a very low wholesale price (less than trade price). The existing client base is a direct result of the product quality and service & delivery standards set by the owner in developing the business. More importantly, this solid business still possess further growth potential through the ever-increasing natural demand as population increases in SE Qld., and by increasing internet sales. The business also derives income via cars sales and by supplying a fitting service on some parts.

Presenting extremely well and being well managed with great systems & key personnel in place; the business sets a high standard in the industry by being extremely clean, neat and well organised. Representing fantastic value with modern design and comprehensive stock holdings it's a great opportunity for the astute investor to get into a proven money making industry easily. Situated in a prime location on a busy road, within a large industrial estate on Brisbane's Northside, it's naturally nearby many service and industrial businesses, plus mechanical and panel repair shops.

The 2000m2 site with a large steel framed building is purpose built; internally it has a well appointed multi-level ceiling height racking system, and mezzanine floor. which store numerous mechanical parts, engines & gearboxes, panels and many other parts. All parts are tagged with identification numbers and retail prices, a computerised stock control system (ARMS) has been adopted by the current owner which also produces part tags/numbers, invoices, stock takes and debtors' reports. The stock of approx. 240k cost value is tagged and in this computerised system. The ground floor is a storage area and warehouse, and also contains a sales counter, offices areas, toilets & showers and kitchen. There is also a 3 room living quarters on site, located upstairs. Externally, there are heavy duty racks for complete and partly dismantled cars. The extensive Plant & Equipment list includes a forklift and 3 new hoists located in a purpose built external undercover dismantling area.

This cash business represents a great opportunity for a new owner to get their teeth into a profitable growth business at an affordable price. Likewise, a couple who wishes to take advantage of the current owner's hard work and who are capable of taking things to the next level would be well suited here. Not to forget the great lifestyle aspects this business holds for couples, the current owner need only come in 10-15 hours per week, but comes in for 30-40 hours per week by choice .Good businesses like this one do not stay on the market for long, prompt further investigation is advised.

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