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$242,795
$1,380,757
Leading Panel & Paint workshop in Auckland's eastern suburbs. Satisfying its Customers needs for over 45 years. All private and insurance jobs carried out promptly to the highest standard of workmanship. Long serving loyal employees and substantial customer database. Always more than enough work to keep this busy workshop going. Excellent plant and equipment continually being updated as technology improves. Near new paint spraying booth provides the most advanced painting systems. Assets include 8 modern customer courtesy cars.
If you are looking for the best of the best in East Auckland look no further.
Business was under an offer and the vendor believed the agreement would proceed as planned however the contract fell and meanwhile the Vendor purchased another business in a different industry. A very capable qualified manager has been appointed to manage the day to day operations of this business. As at today (4th April 2019) the Vendor has reduced the asking price by $100,000 to a very saleable price of $465,000. This business if run under management would generate a 30% return on investment without getting one's hands dirty. If you are in the market for the best buy of 2019 act now.
Contact Ray Gilroy (REAA2008) on 027.238.1716. Tomorrow could be too late.
Reference: EL01546
*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.
Discover what you can afford, how much your loan repayments may be, and how much you could earn.
Buying a business should be exciting, but it can quickly become stressful if you don’t have experience in accessing business acquisition loans.
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