About this Business for sale in Auckland Surrounds

Serdar Kabul and Tony Andrew from LINK Business Brokers are pleased to have been appointed as exclusive selling agents and are seeking a purchaser for this very well positioned retail automotive business. The owner has located overseas and advises he will consider all offers..

The business is a well-established seller of used cars which are handpicked, individually prepared and presented to the highest standard. The business currently holds 200 – 250 stock units. 

The business demonstrates a solid growth trajectory since opening some years ago.

2021 FY sales revenue was approximately $5.1 million with a profit of $660,000 excluding the COVID-19 wage subsidy.

Key features:

  • The business has an excellent online sales portal where buyers can peruse vehicles and then select a time to visit the dealership to see the cars in the flesh.
  • Used car sales; web site and premium car yard location
  • Great reputation country-wide
  • A separate complementary business, a fully functional repair workshop with experienced staff, is included in the sale
  • Big yard and office space with a secure lease at a superior, in-demand location
  • Excellent arrangements with the finance providers, which positively influences revenue
  • High-level relationships with suppliers to access good quality, low-cost stock.
  • Multiple supplier arrangements for diversity
  • Automated finance application systems reduce staff costs
  • Very attractive future opportunities for the new owner.

Opportunities

  • Bolt-on opportunity for a nationwide chain or larger car dealership to secure a significantly sized dealership with an established reputation in New Zealand
  • Opportunity for a car hire company, finance provider, vehicle servicing  operator to diversify & gain a leading car dealership
  • Great income generator for an individual buyer or an investor to be a significant player in retail automotive.

To learn more, view https://www.youtube.com/embed/JuQkS253bXs, or go to linkbusiness.co.nz/EL03332 and press the “Enquire Now” button to complete an online confidentiality agreement.

Serdar Kabul, 021 188 6144, serdar.kabul@linkbusiness.co.nz
Tony Andrew, 021 938 560, tony.andrew@linkbusiness.co.nz

 

***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.

#buybusiness #dealership #newcars #usedcars #financeproviders #auckland
 

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*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.

Listing: #EL03332
Price: Refer to broker
Profit*: $660,000
Sales Revenue: $5,100,000
Auckland Region, Auckland Surrounds
Automotive, Car Dealership
*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.

*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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