Loyal and Growing Client Base; Highly Profitable;
Leading Automotive Workshop Business for Sale Christchurch
The Business
On track to generate over $1m + GST in sales this financial year, this business has successfully operated in its Christchurch location for over 16 years. The business has a reputation for providing excellent service and workmanship in all facets of vehicle repairs and maintenance, resulting in a long-standing and loyal client base.
Highlights
Continuous profitable growth
Likely to reach $300k EBPITD for 2024FY
Excellent margins
Great local reputation
Strong list of key clients
Skilled team of automotive technicians
Excellent CBD outskirts location
Buyer Attributes
This would be an ideal acquisition for an existing automotive workshop, or alternately an excellent stepping stone for someone wanting to make the move to business ownership with a long-established, profitable, and well-known workshop. The Vendor is available for an extended handover if required
This is an exceptional opportunity showing continued sales & profit growth into the 2024FY
Sale Price $610,000
Net surplus $275,244 EBPITD 2023FY
EBPITD = Earnings Before one Proprietor drawings, Interest, Tax and Depreciation