A very profitable Auto Repair Business based in an iconic beach location at Mount Maunganui.
Established in excess of 15 years.
The business is an MTA member currently operating with one full time owner / mechanic.
Operating SAM (automotive) software accounting package
Situated in a busy industrial area ,10 Mins from both Tauranga CBD and Mount Maunganui Beach.
An impressive layout with 4 operational hoists, a smart entrance area, upstairs office and a comprehensive plant listing.
Consistent turnover and net profit.
This business would return an owner operator in the region of $80,000-$90,000 p/a.based on 2010 accounts with write backs.
The owner is also offering as an option the freehold of the property for sale at $337,000 + GST in any or alternatively the new owner would be provided with a very competitive New lease 3+3+3 years
Enjoys repeat business from loyal customer base and referral work from nearby WOF testing station.
A fantastic opportunity to take over a very profitable auto business in a great lifestyle location.
For further information contact:
Steven Matthews – 021 848 873
*Profit: 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.
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