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Automotive Repairs, Large Client Base

Bay of Plenty - Address withheld

Transport & Automotive
dollar

$450,000 Plus GST (if any)

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Business details

Listing # 090421 | Listed on 13 April 2022

SOLD - Highly Profitable and Growth Opportunities; Tauranga

Generating over $1m +GST in sales per annum, this business has successfully operated in Tauranga for over 20 years. The business has a reputation for providing excellent service and workmanship in all facets of vehicle repairs and maintenance and there is a comforting mix of private and commercial clients.

Highlights
  • Consistent profitability and margins
  • Great local reputation
  • Strong client list
  • Skilled team of automotive technicians and an administrator
  • Large array of plant and equipment
  • Unprecedented growth in Tauranga economy

Avenues for growth could be

Open the workshop on Saturday mornings (currently Monday to Friday only)
  • Rationalise the office administration role
  • Build the team further to meet current demand

Economic indicators for the Bay of Plenty region are very positive.

This business is an excellent stepping stone for a mechanic who wishes to make the move into business ownership, as our vendor did many years ago./  It could also be attractive to a husband and wife team or somebody with industry experienced and contacts.

For the right buyer this is an exceptional opportunity forecasting continued sales and profit growth.

Net Surplus $224,278 (based on three year average) EBPITD

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