Household Name in Auto-Mechanical Under Management

$250,000
Description

Automotor Mechanic business for sale Gold Coast

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With a huge database of clients and fantastic products and buying power, this business is ready to be taken to great heights. They have huge space in the warehouse side of the business and also have enough room for Mechanics to work on 4 cars at one time.

They have fantastic signage and location is surrounded by Car yards.

The owners don’t work in the business so everything they are doing is reactive, and not proactive.

The current owner takes a profit of $100k and the business is run under management, but this could be significantly improved by a mechanic who will automatically add around $100k to the businesses net profit.

The business is currently under a franchise model, but a new owner will have the opportunity to either continue with this model or become independent and just take the database and go it alone. They are not bound by any franchise agreements but this model does bring amazing buying power and more opportunities in different sectors.

Asking $250,000
The owners are open to all offers.

Call Alex 0459 424 777 | Henry 0421 040 857

Ref. BUY2099

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Real Estate Agent's
Alex Cernoy
Business Sales Specialist
0459 424 777
Alex started as a business broker some 20 years ago. He has worked with major brokerages in South East Queensland during that time, as well as interstate. He holds Real Estate Licences in Queensland and Victoria and has a corporate background in IT and Telecommunications (IT&T) having owned and managed various IT&T firms. Alex is very professional and experienced in all areas of business and looks after South-East Queensland including Brisbane and the Gold Coast. Alex has sold and consulted in mergers and acquisitions in excess $90 million which included major Lighting Distribution Businesses, Large Electrical contracting Businesses, and Major Tyre Businesses.
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Henry Chow
0421 040 857
Chow TM Henry was the sole founder of CarrierNet Corporation which was merged into the Ariane Group in 2006 and listed on the Singapore Exchange. The Company was renamed as CarrietNet Global Limited in 2008. Mr. Chow has completed transactions in many countries including Australia, China, Hong Kong, Taiwan, Japan, USA, Indonesia, Philippines, Korea, Pakistan, Zambia, Nigeria, South Africa, India, Nepal, Laos, Cambodia, Vietnam, Dubai, Kyrgyzstan, Kazakhstan, Singapore and Thailand. The aggregate transaction size of all the deals that Henry has worked on exceeds US$100 million. Mr. Chow has built strong relationships with a large number of relevant business people and organizations in many Asian countries. He has also developed an intimate understanding of how business is conducted in these countries. From 2001 to 2010, he was then Chief Executive Director of CarrierNet where he led the products, sales, business development and commercial operations of the business. Through a successful merger and acquisition transaction, CarrierNet was renamed as CarrierNet Global Limited, listed on the CATALST board of the Singapore Stock Exchange in February 2008. Mr. Chow was appointed as the Chief Executive Officer and Executive Director of CarrierNet Global Limited where he was primarily responsible for driving the Group’s vision, growth and profitability, and held a key role in executing the business plan, driving sales performance and building strategic alliances. From 2011 onwards, Henry acts as the Chairman and Executive Director of Cacola International Furniture Limited which is a Singaporean Main Board listed company and he was responsible for charting and implementing new business strategies and setting an innovative direction for the future of the Group. Mr. Chow has years of experience in capital markets, finance and information technology industries through his works at ANZ Bank, National Australia Bank, Hong Kong Telecom, Sterling Commerce, South China Group, Indonesian based PT. Atlasat Solusindo Group, CarrierNet Corporation Limited, Primax Investment and Capital Limited. Henry was one of the founding directors of the Indonesian PT. Atlasat Solusindo Group and he founded Hong Kong based CarrierNet Corp. Limited in 2001, a licensed telecom and IP based carrier offering discounted niche routes to global markets. Mr. Chow graduated from the University of Minnesota with a Bachelor of Computer Science degree. Henry Chow 0421 040 857 | henry@goldcoastbusinessbrokers.com.au
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