Profitable Marine And Automotive Business For Sale

Narooma, NSW

Automotive / Marine, Accessories/Parts Leisure/Entertainment / Aquatic/Marine
$599,000 + Stock
Listing ID1605534

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Summary
Established and profitable Marine and Auto business located in the South Coast of New South Wales. This business is positioned perfectly to service local customers, residents from the surrounding areas and also holiday makers. With a clear point of difference from its competitors, this business has huge potential for growth with a current annualised profit of $340,000 for 2017. This business is ready for a new owner to operate immediately.

Location Details
Based in the beautiful South Coast location of Narooma, NSW, this business is in the main hub of the town and located next to all major caravan parks, positioned to capitalise on holiday business. This business has a unique marketing opportunity and the potential to work with other local businesses.

Potential
This business currently boasts a large amount of trade from repeat customers, visitors to the Township and all surrounding areas. Trading 6 days a week, it has the "edge" over all other marine/auto repair shops in the area and surrounding towns with the potential to catch and maximise peak holiday season business trade.

The business has a current profit annualization of $340,000 for 2017!

Skills
Marine and Automotive Industry experience is ideal - could be run under management.

Hours
Monday to Friday 8 am to 5 pm, Saturday 9 am - 12 pm

Lease
3 years left on current term with a 5-year option

Employees
2 x FT
1 x PT
2 x owners


The Reason for Sale
Owners are moving on to focus on their family.

About the Business

The business for sale represents the ultimate all in one lifestyle opportunity in the bubbling South Coast location of Narooma, NSW. The business specialises in the Marine and Automotive trade with a retail aspect included.

The Retail part of the business revolves around the sale of Marine products and services a wide variety of needs including marine safety gear, fishing equipment and even boat specific motors.

This business operates on a fantastic fit for purpose premises that makes automotive and marine repair work a breeze with a great local proximity to locals and tourists. The business holds an exclusive marine repair license and is the only business in the area to hold it.

A few great facts about the Business:

- Well established in the area
- Profitable and versatile
- Impressive fit for purpose premises
- The Location helps provide an exciting lifestyle opportunity


For more information on this opportunity, please contact the undersigned:

Paul Smith
Business Sales Specialist
M: 0420 550 433 E: p.smith@raywhite.com

Disclaimer:
Due to the confidential nature of the sale, images used are stock images and not representative of the business for sale. Total earnings, EBIT or EBITDA, includes add backs relevant to the current owners. Add backs may include, owner's salaries, directors benefits, personal expenses, non-recurring expenses, one-off expenses, capital costs, depreciation and generally any costs relevant to the current owners.