Listing #:4661875087

Leading Auto Workshop

Location: Christchur­ch City, Canterbury
The Business

On track to generate over $1m + GST in sales this financial year, this business has successfully operated in its Christchurch location for over 16 years. The business has a reputation for providing excellent service and workmanship in all facets of vehicle repairs and maintenance, resulting in a long-standing and loyal client base.

Highlights

• Continuous profitable growth
• Likely to reach $300k EBPITD for 2024FY
• Excellent margins
• Great local reputation
• Strong list of key clients
• Skilled team of automotive technicians
• Excellent CBD outskirts location

Buyer Attributes
This would be an ideal acquisition for an existing automotive workshop, or alternately an excellent stepping stone for someone wanting to make the move to business ownership with a long-established, profitable, and well-known workshop. The Vendor is available for an extended handover if required

This is an exceptional opportunity showing continued sales & profit growth into the 2024FY

Sale Price $610,000

Net surplus $275,244 EBPITD 2023FY

EBPITD = Earnings Before one Proprietor drawings, Interest, Tax and Depreciation

Agency reference #: L001494
Asking price: $610,000
Listed: Mon 15 Apr, 9:30 am
Sam Cherry
Tabak Business Sales
  • Contact details
  •  (022) 0667884

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Agent's details

Sam Cherry
  •  (022) 0667884
Tabak Business Sales

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