AUTOMOTIVE POWER STEERING BUSINESS, BRISBANE, QUEENSLAND

Location / Area
Redcliffe area, Northern Suburbs of Brisbane.
Business Type / Size
A leasehold power steering business specialising in reconditioning automotive parts for trade customers.
It has excellent turn-over and profits and is highly respected in the industry. Potential exists to do retail sales and fittings, thereby expanding the business.
Freehold property also available by negotiation.
Price Range
$195,000 plus SAV
Business Information
Dennis Frawley Power Steering Services has been operating for approximately 16 years from premises at Clontarf in the Redcliffe area of Brisbane.
It has:
- Large modern workshop with 3 phase power
- Ample equipment including lathe, press, parts cleaner etc
- Database of clients including
- New car dealerships
- Used car dealers
- Mechanical workshops
- Auto recyclers
- Service stations
- Large stocks of popular stock including reconditioned units, core stock and spare parts
- Office equipment (including computer etc)
 |  |  | | Signage | Office | Bathroom & Laundry Area |
The business could easily be operated by:
- Mechanic
- Fitter and turner
- Boilermaker/welder
- Mechanical engineer
- or similar
It would be an ideal 2 man operation (partnership or family).
The premises have:
- large office with tiled floor
- bathroom/toilet and area for washing machine
- parking area at front (concreted)
- 40ft container used for parts storage
- Annexe at side of building
- Mezzanine storage area above office
- Ample work benches and tool boards
- Dexion shelving and other parts shelving
- Efficient use of storage space, walls etc
 |  |  | | Steering Racks | Steering Racks | Steering Racks |
Equipment includes:
- Lathe
- Press
- Parts washer/cleaner
- Welder
- 2 post hoist
- Specialised tools
- Power tools
- Reconditioning equipment
- Parts storage facilities
- Oil storage
- Washing machine
- Clothes dryer
 |  |  | | Steering Racks | Steering Racks | Steering Racks |
Parts include:
- Power steering racks
- Power steering boxes
- Power steering pumps
- Rack boots and CV boots
- Parts for racks, boxes, pumps etc
- CV shafts, boots and joints
These parts are for popular:
- Cars
- 4WDs
- Utes
- Vans
- Light trucks
 |  |  | | Steering Boxes | Steering Boxes | Parts |
Lease of Premises
A new lease can be negotiated with the owner who is retiring and available for work as a consultant for a period (to be negotiated).
Potential
The business currently services trade clients in the Brisbane area.
Potential exists to sell to trade clients in a wider geographical area (Gold Coast, Sunshine Coast etc)
Also, fitting and retail sales could be part of the operation as has been done in previous years.
This would be an ideal business for:
- Partnership
- Father and son
It has been a 2 or 3 man business for many years and shows excellent returns and consistent turnover. It could be expanded into suspension upgrades very easily.
 |  |  | | Workbench | Parts Storage | Tools |
Best Features
- Profitable, well established mechanical business
- Easy to manage and operate
- Potential to expand
- Large client base with good will
- Long lease available
- Modern premises with large office
- Recession proof
- Very well setup
- Affordable price
- Quality equipment included
- Potential to buy freehold property
Additional Information
This is a quality business that is easy to operate and profitable.
It has potential to expand into retail/fitting or sales of other suspension and steering components. The business is very well set-up and has the added benefit of consultancy from the current owner.
Contact Details
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