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DealProspect/Listings/Automotive

Automotive Workshop, Tauranga

Automotive Workshop

ActiveAutomotiveBay of PlentyB2C
Asking price
$185,000
Disclosed · NZD
Revenue
$550,000
TTM
Net Profit
$140,000
Implied multiple
1.3×
asking / earnings
Brief
  • Respected, long-established automotive workshop in Tauranga on a busy main road with excellent exposure
  • Owned and operated by the current vendor for more than 21 years, with a loyal repeat customer base
  • Strong financial performance with around $550,000 annual revenue and solid net profit to a working owner
  • Two full-time and one part-time experienced staff in place for a seamless transition
  • Well-equipped workshop with WOF accreditation; a genuine turnkey sale due to health-related circumstances