Automotive Service Workshop - Highly Profitable

$2,200,000.00Manukau CityListing: #EL00541

Manukau City  



About this business for sale

Automotive Service Workshop - Highly Profitable

This is a well-established specialty business catering to the predominant importers and traders of the automotive industry.

This automotive, panel beating &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 more than $1.1ML per annum in total. Short operating hours of five & 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 & 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. Fully staff-managed business.

Business Features:

  • NZ compliant Spray Booth large enough to paint 2 cars at a time
  • 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 till 2045 with intermittent rights of renewal with very considerate & cooperative landlord
  • Wide customer base of top-market corporates 
  • 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

Disclaimer: The precise location of the business is confidential and will only be revealed upon a personal consultation & completion of the Non-Disclosure Agreement to qualify the buyer.

Reference: El00541

Auckland - Ellerslie
+64 9 555 6020
+64 21 0277 8149

Anil Vazirani

Auckland - Ellerslie
+64 9 579 9226
+64 21 294 2978

Ron Vazirani

*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.