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$92,000
$902,000
Stewart Motors is a long-standing automotive service workshop in the sunny Bay of Plenty town of Whakatane.
The Eastern Bay of Plenty is a great place to live, fish, and raise a family. It has a population large enough to support many profitable businesses. Imagine living in beautiful Ohope Beach and driving 15 minutes over the hill to work!
The business was purchased as a managed operation by the current vendors in 2021 as a satellite yard and workshop servicing customers in the Eastern Bay of Plenty. The manager is moving, the current vendors are divesting and it is set to close its doors on the 27th of January 2023. At that point there will be no employed staff, so we are looking for a qualified working owner who wants to get the cash flow going again and add value to their investment.
This business has been highly profitable for a working owner in the recent past and there is no reason why you can't do the same. You will need to present yourself to Hyundai and Isuzu distributors for continued service agencies or become a general automotive service workshop, which can often be just as good.
Enquire now and talk to Andrew Whyte about this opportunity.
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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For reasons of confidentiality a stock photo image may be used to represent the business for sale.
*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.
Buying a business is an exciting time and will prove to be one the most impactful decisions you will make in your lifetime. We’re here to help you on your journey.
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