Summary
Auto Academy (EST 2007) A fully operational workshop with a large loyal customer base. Workshop contains 4 hoists, Trye equipment, Brake lathe, welding equipment, 50t press & a large mezzanine floor.
Revenue
$488,766 pa
Rent
$45,000 pa
Expenses
$68,255 pa
Net Profit
$268,189 pa
Location Details
242 Wickham road
Auto Academy is located on the corner of Wickham road and Teton court, Wickham road is vibrant and active street considered to be one of Moorabbin's main roads. This busy mechanic workshop has ample street parking with single roller door access.
Potential
Auto Academy has proven its ability to grow and thrive within the automotive industry, established in 2007 now has a client base over 2700 with generations of families coming to see this trusted provider. Auto Academy has an impressive Google review rating of 4.9 stars with scope to establish a greater advertising presence online.
Skills
Fully qualified automotive mechanic with option for current owners to provide handover for 3-6 months negotiable.
Hours
Monday to Friday 8.30am - 5.00pm
Weekend work available
Lease
5 year lease expires September 2028 with opiton for 3 more years
Reason for Sale
The current partners are simply moving on to their next stage of life. With one partner at retirement age and looking to travel and one partner relocating to the country for family reasons.
About the Business
Auto Academy offers you a long established, fully operational turnkey business.
It has a fully decked out workshop and office areas with everything you need to move straight in, hit the ground running and start making good money from day one. This business offers an unparalleled opportunity with a huge amount of room for expansion and growth.
Auto Academy operates out of a 300 sqm meter (approx.) factory with main road frontage for great exposure. In addition to this, the factory has a huge mezzanine level upstairs with an area of over 150 sqm. This includes two roomy offices, a storage room and a large open area floor-space to store goods.
Downstairs, you'll find a modern reception area, additional Manager's office, customer waiting room and a large well facilitated kitchen
The building exterior has been recently repainted and new signage has been installed.
Security is via an internal and external camera monitoring system.
The workshop comprises of three Molnar two post hoists and one four post hoist (with scissor lift), tyre changer, wheel balancer, brake lathe, new 50 tonne press, 3 phase air comressor, go-jacks, trolley jacks, tool boxes, scantools, welding bench with MIG, TIG and OXY welding equipment, spring compressor, 2 pedestal grinders, engine crane, headlight aimer, transmission jack, oil filter recycling (crushing) machine, 500L new oil storage tank, 1000L in ground waste oil tank, separate (and well stocked) oil room...the list goes on.
The workshop walls are spanned fully across with large high-end BAC work-stations with stainless steel benchtops packed with hand tools and specialised equipment.
This immaculately presented workshop is certainly one to put on the top of your list.
With a client list approaching 3000 customers, many of these are now third generation clients from families loyal to Auto Academy over many years. With only word-of-mouth and our incredible online reviews, we've had no need to advertise for work. Our bookings are solid all year round.
This business could be grown enormously with ease through increased advertising, promotion and social media interraction.
The current partners are simply moving on to their next stage of life after a combined 60 years in the industry. This signals an opportunity for the next owner to reap the benefit of their fantastic work over the years in having established this outstanding service-based automotive repair business.
The current owners are happy to stay on for a suitable handover period to help familiarise a new owner into a seamless transition.
History
The owners had a combined experience of 20 plus years prior to the creation of Auto Academy, born out of a desire to provide a high quality service and strong rapport with their clients. Auto Academy's success has been due to the trusted name it has built for itself over the last 17 years.
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