Large-Scale Panel & Paint Repair Shop, Waikato
Panel & Paint
ActiveAutomotiveB2B & B2C
Asking price
$995,000
Disclosed · NZD
Revenue
$1,795,000
TTM
Earnings
$313,000
Implied multiple
3.2×
asking / earnings
Brief
- Large-scale structural vehicle repair shop in the Waikato, one of few contracted to a major insurance company
- Premium location with plenty of space inside and out, and separate panel and paint workshops
- Excellent customer base across insurance companies, businesses and self-insurers, with 40+ years in the Waikato
- Operations manager in place, so the business runs largely independently; additional vehicle retrieval and storage revenue
- Well-staffed with excellent equipment and up-to-date software; owner retiring and open to negotiation
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