INDESTRUCTIBLE ESSENTIAL SERVICES BUSINESS

Home > Buy a Business > Franchise Resale > INDESTRUCTIBLE ESSENTIAL SERVICES BUSINESS

seal approved PBS

graph ico

NET PROFIT
$206,000 pa

money ico

PRICE
$585,000

stock ico

STOCK
$45,000

location ico

LOCATION
Perth Metro South

reference ico

REF NO
012718/22

broker ico

BROKER
Glenn McTaggart

SEARCH
Available Now

Available Now
Franchise Resale
  -  
012718/22

Key Features

  • A franchise agreement in place and exclusive operating area
  • The business provides multiple services with varying income streams
  • Excellent customer base with rapid-fire repeat business
  • State-of-the-art equipment
  • Minimal competition and a long-established customer base
  • Comprehensive business systems and reports
  • Well located modern premises on main road

INDESTRUCTIBLE ESSENTIAL SERVICE BUSINESS

It is a rare find when a business like this comes to the market.

SIMPLE TO OPERATE

SECURE FRANCHISE TERRITORY

RAPID-FIRE REPEAT CUSTOMERS

STATE-OF-THE-ART EQUIPMENT

WELL TRAINED STAFF

EXCELLENT PREMISES WITH HIGH EXPOSURE

MULTIPLE SERVICES AND INCOME STREAMS

LEGISLATIVE CHANGES PROVIDES MASSIVE UPSIDE

“Under the scheme, independent Australian motor vehicle repairers will have fair access to the information needed to service and repair cars, such as software updates to connect a new spare part with a car, or information and codes for computerised systems from the car manufacturer,” ACCC Chair Rod Sims said.

“This enables motorists to shop around for the repairer that offers the best price, service and convenience, knowing they will all have access to the information needed to complete the servicing or repair.”

“Previously, only car manufacturers and their affiliated repairers could be confident of getting access to important service and repair information, preventing many independent repairers from competing fairly for car servicing and repair work. This created additional costs for consumers, as well as inconvenience and delays,” Mr Sims said.

MORE ABOUT THIS BUSINESS

The current owner does not promote the business other than what the Franchisor provides as corporate promotion.

A new owner could easily increase sales and profits by embarking on a marketing campaign.

The addition of a dedicated website would almost certainly increase sales.

The Growing list of customers currently numbers approximately 4,000 with no one customer representing more than approximately 2% of the annual sales. The nature of the business makes it less susceptible to major sales downturns resulting from a loss in a major customer. This is a key feature not often found in businesses of this calibre

Extremely strong relationships have been established with the main supplier with a rock-solid written Franchise Agreement and an exclusive operating region.

The business has continued to record increases in sales and gross profits from inception and on this basis the owner sees no reason why this trend will not continue, especially given the fact the car numbers are increasing and the legislation change in relation to car servicing and repairs.

Self propelled sales and a high gross profit margin of 55.25% is indicative of a business which is both solid and in a strong growth phase.

ACCC welcomes new law on motor vehicle service and repair information 18 June 2021

The ACCC welcomes legislative changes which will increase competition and choice for consumers about where they have their cars serviced and repaired. These changes adopt recommendations from the ACCC’s new car retailing industry market study.

Car manufacturers currently have the option of providing important proprietary repair information to franchise dealers only, rather than the wider repair network if they choose – though some do voluntarily sell their technical data elsewhere already.

A major change in legislation in relation to car dealers will increase the number of vehicles currently serviced by independent service centres such as Exleys. A bill has passed both houses of Australia’s parliament compelling all car-makers to sell their repair and maintenance data to independent repairers “at a fair market price” from July 1 of 2022.

 

 

Simple to Operate

This business is a relatively simple business to operate, given that there is good staff in place to carry out the important functions within the business.

Recession-Proof Business

We are fortunate that our products and services are essential services. During economic downturns, customers are more likely to maintain their current vehicles rather than purchase new ones, which provides the business with rapid-fire repeat turnover.

Time One to Move On

The current owner says, “that having been in the same game for the last 30 years, one tends to get a little stereo-typed and maybe doing the same ole and not focussed on things that could grow the business”.

Unfortunately with the current owner’s health deteriorating, the decision to sell the business is not taken lightly.

Potential to Expand the Business Immediately

Advertising and promotion.

The Business does not have an aggressive advertising plan, instead its main source of advertising is the local Yellow Pages and franchisor’s website. It therefore would be reasonable to expect that sales and profits would increase substantially.

Further client expansion

The quickest and most effective way to grow the Business would be by promoting the businesses brand through direct marketing to new customers. This could be backed by appointing an IT contractor to develop a company website with an online ordering and quoting system. The external IT contractor could also manage social media and email marketing.

Product Brochure Price List

A colour brochure detailing product and service offerings would be a beneficial sales tool and would most certainly assist in establishing creditability with new customers.

Improved Customer Management.

The Business would benefit from better internal sales follow up. This is a simple and cost-effective way to understand and keep in touch with the market. This would also likely generate more requests for quotes.

Dedicated Web Site

Although sales are continuing to increase without a company website, it would be reasonable to expect faster growth if the Business developed its own website.

Develop Additional Referral Partners

The sales and turnover could be expanded by partnering existing associated businesses such as fleet companies, car hire companies, car dealers, car detailers, parts resellers and Uber and taxi companies.

 

Key Features

  • A franchise agreement in place and exclusive operating area
  • The business provides multiple services with varying income streams
  • Excellent customer base with rapid-fire repeat business
  • State-of-the-art equipment
  • Minimal competition and a long-established customer base
  • Comprehensive business systems and reports
  • Well located modern premises on main road

info ico Enquire Now

contact broker

  • Hidden
  • Hidden


REGISTER YOUR INTEREST

Loan Calculator

$
$
  %
  years
$

$

Use these figures only as a guide.
Please contact your own financial institution for more detailed information.
Principle & Interest Interest Only
$1234.00 pcm $1234.00 pcm
$1234.00 pa $1234.00 pa
$1234.00 $1234.00