Thriving Automotive Workshop Earning Over $200k
Listing: #EL01975About this Business for sale in Auckland City
Thriving Automotive Workshop Earning Over $200kThis workshop and automotive service centre is very well located in the thriving East Tamaki district. Operating for many years, the business is highly regarded by a large number of regular customers and the online testimonials are first rate. There is a dedicated team of 4 technicians on the job and the premises presents in first class condition.
There are a total of 6 hoists within the workshop along with a full range of diagnostic and other quality plant and equipment. The layout includes a tidy lunchroom and nice office /reception area plus additional space to expand if required.
Services range from diagnostics and tuning to servicing, repairs and even full engine re-builds. The company has built excellent relationships with local fleet operators and this is a great source of repeat business.
The financial performance of the business is very sound with a forecast return to a working owner of around $200k for the 2019 financial year.
This is a turn-key opportunity for a new owner and the current owner is more than willing to stay on to assist just as required.
- Excellent light-industrial location
- Strong team of stable staff
- Fantastic returns for a working owner
- Modern plant and equipment
This is an excellent opportunity to acquire a very sound business in the Automotive industry and the purchase price is validated by financial results and supported by substantial plant & equipment value.
Asking $395,000
Reference: EL01975
*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.