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DealProspect/Listings/Automotive

Tyre Business, Coromandel

Automotive Workshop

ActiveAutomotiveWaikatoB2B & B2C
Asking price
~$450,000
est. from headline + $80,000 stock · NZD
Revenue (est.)
~$986,667
Estimated · comparable listings of this type and size
Earnings (est.)
~$230,458
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~2.0×
Assumed · estimated price ÷ estimated earnings (as advertised)
Brief
  • Long-established and very profitable tyre business in the Coromandel/Waikato area (B2B and B2C).
  • A diverse customer base spanning retail, commercial, fleet and agricultural work, with a big range of excellent plant and equipment including motorbike-tyre capability.
  • A new high-stud building plus a large yard for trucks, with good staff and a long lease at a very realistic rent.
  • Asking $370,000 plus stock (approximately $80,000).