Caravan Servicing & Repairs
Sold
Business Description
Established 75 years ago, this business has built a long standing reputation as an industry leader in repairing, servicing & modifying caravans & recreational vehicles. As a Jayco Service & Warranty Agent & RAA Approved repairer, major & minor insurance work forms a large component of their turnover.
The 5-bay indoor workshop includes hoists & a forklift allowing for larger quantities of jobs to be undertaken whilst minimising turnaround times. Along with an extensive range of parts & accessories already on hand, specialist equipment including a spray booth, bender, guillotine & bandsaw provide the skilled workforce the ability to complete any modifications, fabrications, repairs or upgrades on site eliminating the need to outsource work.
Outdoor undercover areas with lockable shipping containers provide ample storage with high grade gating & fencing providing security for the business and their ongoing jobs.
Paul Windle 0410 394 254
Extended Price Information
| Goodwill including Plant & Equipment | $595,000 |
|---|---|
| Stock at valuation (approx) | $200,000 |
| $795,000 |
Financial Summary
| Year | Sales | Return to Owner | Return on Owner's Investment | Return to Investor | Return on Investment |
|---|---|---|---|---|---|
| 2018/2019 | $965,810 | $287,296 | 36.14% | $212,260 | 26.70% |
| 2019/2020 | $651,177 | $251,475 | 31.63% | $176,439 | 22.19% |
Staff Summary
There are two full time staff members and one casual staff member employed within the business.Lease Summary
| Current Rent | $3,000 per month incl. GST |
|---|---|
| Lease Term | 2 years |
| Lease Commencement | 16th November 2020 |
| Lease Expiration | 15th November 2023 |
| Right of Renewal | 1 x 2 years |
| Outgoings | Paid by tenant |
| Adjustments | CPI annually |