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>>  Cooktown Auto Repairs  

Business No. 1894

$290,000.00
QLD
Far North
Other


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Mechanical Workshop, Service & Towing

$290,000.00


Stock Value*:
*Price Does Not Include Stock

$11,000.00

Nett Profit:

$130,320.00

Turnover:

$835,215.00

Plant & Equipment Value:

$128,000.00

Freehold Availability:

No

Freehold Value:

Confidential

Accounting Figures:

Confidential

Lease Terms:

3x3x3 or 5x5 lease available

Rented Area:

376 sq mtrs

Trading Hours:

8.00 am to 5.00pm Mon to Fri
Sat if required

Contact Details:

Contact Type:

Broker/Agent

Name:

BizBrokers - Exclusive Agent

Address:

1/472 Mulgrave Road EARLVILLE 4870

Phone:

(07) 4033 6944

Fax:

(07) 4033 6933

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Clientele: "Clients from local residential and industrial enterprises.
"All RACQ breakdown and towing clients for the area as well as being the authorised repairer for all Government departments and fleet operations (apart from any local aboriginal communities which may be involved in separate fleet arrangements).
Government departments include:
Q Fleet
Telefleet
Custom Fleet
Police Fleet Maintenance
" Vehicle rental companies.

Competition: There are no other mechanical workshops in Cooktown, but a couple of mobile mechanics operate in the district.

In Full: This extremely busy mechanical workshop is one of the mainstays of the Cooktown district.
Supporting a huge amount of equipment, including 2 x 4-post hoists and 2 x 2-post hoists and all necessary equipment (see attached equipment schedules) the business is able to cope with virtually any work required.
Three vehicles are included in the sale.
They are a Toyota Troupe Carrier, Toyota Hilux and Hino Tilt/Slide Tow Truck with 2-car capacity.
The tow truck is painted with Cooktown auto Repairs logo and phone number, whilst the other vehicles are painted in RACQ livery with flashing lights and signage. All are fitted out with the necessary equipment required for their particular work needs.
The RACQ Agency cannot be automatically passed on to a new owner – it must be applied for – but it is thought to be highly unlikely that a new owner would not retain the contract.
RACQ Service is on-call 24/7.
Commission received annually over the last 3 years has been an average of around $40,000 for RACQ service work.

2 office computers are also included in the sale – as well as a very versatile software package called “Automation” – an industry specific package that, amongst other duties, records full customer and vehicle history.
Unfortunately ill health of one of the owners has been a contributing factor to the businesses performance over the last couple of years. At times, also, skilled staff shortages have impacted on the trading results as well as on the enthusiasm of the owners to keep working under sometimes adverse conditions.

With the recent completion of the bitumen surface from Cairns to Cooktown the township has boomed.
Prices have risen dramatically, ease of access means far more people are visiting, as well as increased numbers moving to the area to enjoy one of the last frontiers of laid-back, easy living, in North Queensland today.


Note:- Every care has been taken to verify the accuracy of the information contained herein . BizBrokers (Aust) Pty Ltd and its respective Directors and Employees disclaim all liability of any kind whatsoever in respect to any error, omission or misstatement, whether or not negligent in the information supplied, and any person receiving this information should rely on and act on it only on that basis and entirely at his/her own risk. All details depicted in this enclosure have been provided as a guide only. Any party should seek independent professional advice concerning the information provided if it is not understood.


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