Just two hours from Adelaide, on the sought-after York Peninsula, this excellent leasehold investment is the ultimate sea-change.
Well suited to a husband-and-wife partnership, Port Vincent Auto & Tyre Services has no immediate competition, and generates around $600,000 a year in sales.
Established for 30 years, this business offers very good growth potential, given the increasing demand for services.
Prime main street position - 400m from beach, marina and boat ramp
Short walk to cafes and shops
2000sqm block, with 25mx15m shed, secure storage, lock-up yard and large forecourt
Fully equipped workshop with hoists, plant, tools and huge parts inventory included
Services include mechanical repairs and servicing, tyre sales and wheel alignments
Fuel sales include petrol, diesel & two stroke boat fuel - 4 tanks and pumps
Fuel purchased independently - no contract in place
Origin bottled gas agent + Stress Free boat winches
Steyr Marine Diesel Service agency
Boat hire (3 boats) and trailer hire (including car trailer)
Current staff includes owners plus 2 F/T mechanics
Very little competition for workshop - no competition for boat/trailer/equipment hire
Up to a month's training provided
With excellent sales figures showing a steady growth in profits over the past 5 years, this is an outstanding opportunity to take on a well established business, in a fantastic location.
There is genuine expansion potential here for the motivated buyer. Alternatively, maintain the current business and enjoy a fabulous lifestyle.
A long-term lease is offered, as well as the potential to buy the freehold.
Price: $250,000 negotiable + SAV