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*** SOLD ***
Leading Motor Machining Business - Est 26 Years
Listing: #13910
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About this Business for sale in Tauranga
Leading Motor Machining Business - Est 26 YearsThis business has been established in Tauranga for over 26 years and is recognised today as a leader in its field. Offering a wide range of motor/engine machining and reconditioning services, this company is lucky enough to thrive on repeat business from both the commercial (auto garages ) and private sector. The business is located in a very busy industrial area of Tauranga and benefits from being surrounded by complimentary businesses. The workshop is easily managed by one working owner, however there is huge scope for growth, should the new owner so desire. The business comes complete with a very extensive and comprehensive plant list, all of which is in excellent condition and working order. The premises are owned by the vendor and as such a new lease would be offered with the business at around $14,000 p.a + Outgoings or option to relocate if required. The building is ideally set up with a large roller door, office, smoko and rest room on mezzanine floor. Included in the new lease will be parking allocation for up to 4 vehicles. Business hours are Mon-Fri only, allowing you to enjoy your weekend leisure, or alternatively open up on Saturdays and increase sales. Sales during the recession have been consistent and have provided the working owner a very healthy return year on year - The cash surplus to the working owner for 2011 was in excess of $100,000 p.a. A fantastic opportunity for someone with the right skills to take over a thriving and very profitable business with the reassurance of knowing it has been in business for over 25 years. The owner has indicated that he is more than happy to stay on in the business in a training / advisory role.(terms to be mutually agreed).
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This listing is no longer taking enquiries as it is SOLD
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.