Very Profitable Automotive Workshop

Auckland City

$229,000

Proposed Usage
Other Businesses for Sale
Description:
Property ID
1c700wx



Trading for over 20 years this very profitable workshop is owned and operated by a qualified mechanic and employs one full time mechanic and often a second mechanic as and when required to assist with the workload. Carries out a high volume of W/O/F inspections for its existing customer base including neighbouring automotive businesses. New owner needs to be W/O/F certified or will need to employ a suitably qualified mechanic to write W/O/F tickets.

Business is surrounded by other automotive related industries including auto electricians, suspension specialists, auto accessories, mag wheels and tyre specialists. The local business area is a one stop shopping centre for automotive owners and enthusiasts alike. This workshop is open Monday to Friday and could easily increase its turnover by opening on the weekends especially on Saturdays when the local area is alive with customers. Turnover last financial year to March 2019 was a fraction over $500k but for the first four months of this year it is already up by a massive 33.68%.

Owners personal income for year ended March 2019 was $189,665 but should easily exceed $200k for this current year.

Quality plant and equipment includes a four-poster hoist, two 2 poster hoists (one of which is owned by the landlord). There is a near new tyre changer, wheel balancer, scanners, engine analyser, MiG welder and all the usual tooling required to operate a business of this size. Included in the price are four courtesy vehicles, computers, software and office furniture. New owner has nothing to spend and receives income from day one.

Owner is very keen to sell, and he has reduced the price to $229,000 for a quick sale. Where-else can you purchase an established business earning this money at this price. Will be the best buy for 2019.

Act NOW. Telephone Ray Gilroy on 027 238 1716 TODAY.



Note: Due to the confidentiality of this business stock photo Images may be used to represent the business. Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and completion of a Confidentiality Agreement. Please contact the broker for further details.
Ref: EL01942
Timestamp: 20191111054546

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