Automotive Workshops

Automotive workshops are generally owner-operator businesses with the owner being either a mechanic or very mechanically confident, so that they can manage the mechanics. Location is a key feature of automotive workshops with stronger demand for city-fringe workshops that are on major thoroughfares with good road front exposure. These businesses often sell between 1- and 2-year's owner's discretionary cash surplus when there is a large element of personal goodwill held by the owner and few staff. Larger auto service centre's with management and admin staff and a team of 4 to 5 plus mechanics may sell for more. These businesses remain great service businesses to own.

 

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