Listing #:1515234900

Automotive Service Workshop - Highly Profitable

Location: Manukau City, Auckland
Disclaimer: please note for confidentiality purposes this business has been listed under the LINK office address. Further details on this business' location will be provided on application.

This is a well-established specialty business catering to the predominant to the largest 3 corporate importers of the automotive industry.

This automotive, panel beating and paint service workshop has been operating successfully for a number of years and has gained a reputation for honest trading and skilled workmanship.

All three aspects of business turn over is more than $1.1M per annum in total. Short operating hours of five and a half days a week (would also suit an owner-operator).

It is located in a busy part of south Auckland with a very vast range of clients including private and fleet work. It has the capacity for more than 50 cars to be parked and 20 panel beaters working at any point of time.

Potential to establish vehicle grooming.

This business is fully staff managed..

Business Features:

NZ compliant specialised spray booth large enough to paint 2 cars at a time
Two complete dedicated colour system in place
Has the latest equipment for automotive, panel & paint
Business is very easy to run with long term employees that are very loyal, trust worthy and who are enthusiastic about their roles in the company
Long secured lease term until 2045 with intermittent rights of renewal with very considerate & cooperative landlord
Wide customer base of Top-Market Largest Corporates in the industry
A spacious yard for 50+ cars to be parked
Low asset requirement with workers owning their own gear & tools
Vendor selling due to other investment commitments.

EBIDT (earnings before interest depreciation & tax) for the year ending March 2017 - $549,345

Asking: $2.2 ML + SAV

For more detailed information on the business, please contact:

Anil Vazirani - DDI: 09-525 A N I L (2 6 4 5) (OR) / MOB: 021 0277 8149

Reference: EL00541

Agency reference #: EL00541
Asking price: $2,200,000
Listed: Wed 10 Jan, 2:30 pm
Anil Vazirani
Link Business Broking Ltd
  • Contact details
  •  (09) 5556020
  •  (021) 02778149


Advertiser's details

Anil Vazirani
  •  (09) 5556020
  •  (021) 02778149
Ron Vazirani
  •  (09) 5799226
  •  (021) 2942978
Link Business Broking Ltd
(09) 5799226

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Expires: Tue 30 Apr, 3:47 pm
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