Lease: The premises is owned by an Entity associated with the Proprietor. A lease tenure of 3 x 3 years is proposed at a rental of $43,500 for the first year.
Potential: The business is central to the high growth in the Region with over 2% annually and some suburbs well above this. Opportunities to grow with the population increase.
About the Business: The business has traded in its present location since 1994. It is a specialist and has an advantage over competitors. It also provides normal servicing and does vehicle repairs giving it multiple income streams.
Over that period, it has steadily increased its plant and equipment, and its customer base and built a reputation for reliable and dependable service.
Income has reached over $700,000 and it is anticipated this level will continue. Substantial increasing growth in population over the next 20 years gives the business opportunities for more customers in future years.