Bargain Basement Automotive Garage In A Great Area
Listing: #WK00330Andrew Whyte, BMS
Broker | Hawke's Bay Gisborne

About this Business for sale in Whakatane
Bargain Basement Automotive Garage In A Great AreaStewart Motors is a long-standing automotive service workshop in the sunny Bay of Plenty town of Whakatane.
The Eastern Bay of Plenty is a great place to live, fish, and raise a family. It has a population large enough to support many profitable businesses. Imagine living in beautiful Ohope Beach and driving 15 minutes over the hill to work!
- This is an award-winning Hyundai and Isuzu parts and service centre. There has been a workshop on this site since 1973. Very tidy and functional.
- There is a small paved car yard adjacent to the workshop if you wish to sell used vehicles or simply use it for workshop parking.
- The sale will come with a new lease with terms negotiable from an experienced and supportive landlord, customer database, plant, and equipment.
The business was purchased as a managed operation by the current vendors in 2021 as a satellite yard and workshop servicing customers in the Eastern Bay of Plenty. The manager is moving, the current vendors are divesting and it is set to close its doors on the 27th of January 2023. At that point there will be no employed staff, so we are looking for a qualified working owner who wants to get the cash flow going again and add value to their investment.
This business has been highly profitable for a working owner in the recent past and there is no reason why you can't do the same. You will need to present yourself to Hyundai and Isuzu distributors for continued service agencies or become a general automotive service workshop, which can often be just as good.
Enquire now and talk to Andrew Whyte about this opportunity.
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
*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.