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Listing Id: 26136 Total Views: 5254

(Sold) Car Service & Repair WorkShop For Sale In Good Location

Woodlands

Date Closed: 28/10/2023

Asking Price: S$40,000

Overview

  • Premise Type Factory
  • Premise Size 2207 sqft / 205 sqm
  • Monthly Rental S$4,457
  • Rental Desposit S$12,381***
  • Revenue N/A
  • Liability S$0
  • Gross Profit N/A
  • Net Profit N/A
  • Stock S$10,000***
  • FFE S$200,000***
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff 3
  • Established 2011
  • Source Direct Seller
  • ***Inlcude in the selling price

Reason For Sale

Owner has medical complications and has also already started a small business in F&B.

Description

*This price valid only if deposit is paid or confirmed by buyer by 31/10/23. *

*Highest offered as of 9/10/23 is $25,000. *
Which is a pity when we know very well that even at 40k, it isn't sufficient for you to set up a proper repair shop at all.
But well, that's how it is, we guess we should've gone for 55k instead, then we may have a chance of getting it sold at 40k. 🤷

Renewable lease remaining ending at 31/3/2026. New tenant/owner will sign new lease with landlord based on prevailing conditions.
Please check with them if you want to know more. I only know what I am currently paying for.

This price is a no brainer, considering there is a wheel aligner to go with it, so please, please, don't ask me stupid questions. No debtors will come and haunt you because we're keeping our company name. Buy, put up your company name and generate your new found income.

This amount of money cannot buy you a car these days so why not put the money to good use and run this business and generate income.

Fully equipped vehicle service & repair shop for takeover. Based on our setup at a new bare unit at the present location is going to cost at least $200-250k including inventory. The existing name has an organic Google review rating of 4.5/5 but we will be keeping our name. Takeover with new or own existing name is recommended. The selling/Takeover price is for equipment and parts/stock, no other takeover fees, and no bullshit about how well we're doing or how extensive our customer base is. If the new occupier is able to retain our customers, it will be an added bonus. The prospective buyer will use their own business name and run it their own
way.

Strategic unit location in Carros Centre, lowest level available for motor workshops in the
whole building.

For buyers keen to start a vehicle workshop business or fellow
industry players who are expanding and looking for another branch.

Selling with recently purchased low profile laser wheel alignment
machine with a scissor lift, 1 x Rotary 2 posts hoist, 1 x Heshbon 2 posts
hoist and 1 x Heshbon scissor lift, 1 x wheel balancer, 1 x heavy duty
tyre changer (24"), 1 x Nitrogen machine, 1 x automatic transmission
fluid exchanger machine, existing tools, inventory of parts, engine oils
and other accessories/consumables, air hose reels, new air receiver (purchased on 22/5/23), and
mezzanine storage space.

Special Tools List
Plugging tool for Aircon systems, Clips/Clamp removal tool, Valve spring compression kit, Opel Citroen Peugeot timing tool kit, Cylinder head leak tester, VW Audi Ignition coil puller, Cam/ Crank oil seal tool ,Bearing punch set, Absorber spring compressor, Cooling system radiator pressure tester, Fluid exchanger kit, Vacuum pump gauge, Clutch alignment corrector, Car injection signal repair tool, Spark plug tester, Brake caliper piston tool, Compression tester kit, Vacuum pump for AC system, Engine crane, Engine stand, Telescopic transmission jack x2.
6 seater pedal car, Single seater pedal car & 4 stroke go-kart will be given away to buyer.

Business Operation

Large stock inventory, tools & equipment
1 x laser wheel alignment machine with scissor lift (Recently purchased and installed in early 2022)
1 x Heshbon scissor lift
1 x Heshbon 2 posts lift
1 x Rotary 2 posts lift
1 x heavy duty tyre changer (24")
1 x ATF fluid exchanger
1 x wheel balancer
1 x Launch 2021 diagnostic computer
1 x nitrogen machine
Mezzanine storage, air-conditioned office
Facilities
Yes, seller financing is available.
Financing can be arranged if needed.
Seller Financing

Property Information

3 + 3 year lease. First 3 years ending on 31/03/2023
Lease Term

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