Profitable Panel & Paint

Auckland City

$350,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1c5lgtn



This busy panel & paint shop, established in 2015, is located in Manukau. The business meets with all required compliance and there is parking for approx. 40 vehicles. Commercial clients make up the database, keeping the shop busy and the vendor's production planning and material flow consistent. Around 20 - 30 cars are processed each week.

The business has professional equipment and skilled well-trained staff. Staff are trained to handle minor and major repair, maintenance collision & tidy up jobs, utilizing 80% of the installed capacity. The facility has room to expand the production capacity, hence scope to grow.

The vendor has invested in software that creates quotes, including job details and source of parts. The software also handles invoicing and the sourcing of the parts. The vendor has a standing arrangement with his suppliers, they deliver within a reasonable timeframe. and at commercial rates.

Vendor's role is management administration and marketing. There are 2 full time staff members and 2 contractors. Draft accounts for 2019 show a revenue of $ 771k - gross margin of 75%.

Seller's discretionary income $ 230k ROI 39%

This business is priced to sell, so if this is something that interests you, and you can substantiate your financial capabilities for funding the purchase please click the below link.

Vendor's personal circumstances have necessitated the sale of the business. He will however give comprehensive training to a new buyer including, production management, during the transition period and ensure a smooth handover of current clients.

Strict confidentiality applicable. Please complete the online confidentiality by following the link .https://linkbusiness.co.nz/businesses-for-sale/EL00986

When the listing opens please click on "ENQUIRE NOW". That will take you through the online confidentiality process

Contact Neville Choksi M +64210599519 E neville.choksi@linkbusiness.co.nz


Ref: EL02086
Timestamp: 20190615064516

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