allhomes 

AllHomes Logo
Search

Canberra Profile

Average age: 31 years
Houses: 0.0%
Townhouses: 0.0%
Flats & units: 89.4%
Other: 10.6%
Population: 722
     

Garage Business, Canberra

$600,000

Garage Business

One of the garage manufacturing industry’s best known and most trusted brands is now available for perusal by savvy investors in Canberra. The owner of this profitable turn-key operation is looking to retire in the near future, and the first step is to sell the business. That spells opportunity!

People know and trust this franchise, which will give you the competitive advantage. Plus, being part of a franchise comes with the benefits of ongoing support in marketing, research and development, engineering, business development, and more. All that, and there are no ongoing franchise fees to pay.

Systems are in place. The software for estimating/quoting simplifies the process, while experienced and capable staff will help with the day to day management of the business, giving you the security of knowing things are being taken care of and freeing you up for a wider strategic focus.

Oh, and this business turns a profit – a considerable profit. Turnover exceeded $2 million for 2010, with the vendor taking home just shy of $300,000 (PEBITA).

Priced to sell, asking only $600,000 + SAV. And there’s more good news – vendor finance is available!    

In brief:

  • Gross Sales over $2 million for 2010
  • Gross Profit of 25.35%
  • Owner's earnings above $294,000
  • Rent 670 square meters for $2377.75/month
  • No ongoing franchise fees
  • Vendor finance available
If you are interested in this business, please use the ‘enquire’ form on this webpage or alternatively register your interest via email to sales@capitalcommercial.com.au – our friendly sales team will be more than happy to provide a detailed business dossier containing financial and operational information for this business. Email is the best avenue to guarantee a timely response, however we are also contactable by telephone on 02 6253 4664.
Share on Facebook

Agent Details

Capital Commercial Business Sales

P: 02 6253 4664
F: 02 6253 4665
E: sales@capitalcommercial.com.au

Suite E1, 1 Hall Street Lyneham ACT 2602
www.capitalcommercial.com.au

Capital Commercial Canberra Pty Ltd
Licensed Agent
View all sales listings for this agency

What do I need to purchase this property?

Initial Requirements (assuming sale price of $600,000)

Stamp duty $26,250
Legal fees1 $1,500
Loan application fees2 $655
Minimum deposit (10%)2 $60,000
  Total initial payment:   $88,405

Monthly Repayments (assuming deposit of $60,000 and sale price of $600,000)2

Loan repayments on $540,000 borrowed at 6.95% over 30 years.

(Principal and Interest) Loan Repayment:   $3,575 per month

Notes

  1. 1Legal fees are estimated and will vary from firm to firm.
  2. 2Includes application fee, mortgage legals and valuation for standard residential ACT property. Additional Land Titles Office fees are applicable for the registration and transfer of mortgage. The calculation given above is an example estimate only and may not correspond with what is commercially available.

Listing Age and Views

This listing was first displayed on 2/9/11, last updated on 19/3/12, and has been viewed 1912 times. Please note the counter is not updated immediately.

A view is added to the property view counter when a user loads this page. Property views do not include views of photos or maps associated with this listing.