$299,000

Phone enquiries - please quote property ID 29646.

AUTOMOTIVE WORKSHOP – MOTIVATED SELLER

Established for over 15 years, UltraTune Hamilton supports the local people and businesses of Hamilton, Eagle Farm, Ascot, Hendra, and Pinkenba in all their automotive servicing and repair needs.

The current owner has worked hard to develop the business over the last 2½ years, increasing revenue by an incredible 85% in that time. With a greater focus on customer service, the business has also increased the number of 5-star Google reviews by a staggering 200% in that same time, resulting in a Google score of 4.8-stars. This has culminated in revenue of almost $1.2 million for the last financial year (2021/22).

Operating from a large 640sqm workshop with a 30sqm customer lounge and office area, the business is well-appointed with 5 hoists (4 x 2 post + 1 x 4 post), a dedicated washdown bay, wheel alignment equipment, wheel balancing and tyre fitting machines, and more. The waiting area itself includes a lounge, buffet, large screen TV, bar fridge, coffee machine and water bubbler. And for those customers who choose not to wait, A Mercedes-Benz Vito Courtesy Van helps customers get to where they need to be in the local area.

The workshop is guided by a bespoke system that aids communication and drives workflow, ensuring a steady flow of work for the technicians, and importantly, drives greater efficiency.

Online, the business has developed its own website (ultratunehamilton.com.au) to complement UltraTune’s national website, which drives a significant amount of enquiry and work. Additional to this, the website ‘Northshore Garage’ (https://northshoregarage.com.au/) was also developed to support the sale of used cars, however its potential has yet to be fully realised and is therefore an optional revenue stream for the prospective buyer.

The future looks bright for UltraTune Hamilton. Located within the Northshore Development Area, Northshore is the largest waterfront urban renewal project in Queensland and is destined to become a true Brisbane icon. Over the next 10+ years, Northshore will continue to transform from an industrial area into a vibrant riverside precinct which stretches 2.5 kilometres along the Brisbane River. (northshorebrisbane.com.au/edq). Further, Northshore has been identified as the home of the Brisbane Athletes’ Village for the Brisbane 2032 Olympic and Paralympic Games. Northshore’s prime waterfront location and its proximity to the CBD, competition and training venues, and transport connections makes it an ideal location to host over 10,000 athletes and team officials for the Olympic Games and over 5000 athletes and team officials for the Paralympics.

The business is on the precipice of advancing to that next stage, and guided by a new motivated buyer, the business can be driven to achieve even greater results.

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