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