Summary
- Property Type
- Business
- Contract Type
- For Sale
- Location
- Mechanics Bay
- State
- Auckland
- Price
- Refer to Broker
- Category
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Car Dealership Opportunity. OPEN TO OFFERS
Refer to Broker
Mechanics Bay, Auckland
Car Dealership Opportunity. OPEN TO OFFERS
Serdar Kabul and Tony Andrew from LINK Business Brokers are pleased to have been appointed as exclusive selling agents and are seeking a purchaser for this very well-positioned retail automotive business. The owner has located overseas and advises he will consider all offers..The business is a well-established seller of used cars which are handpicked, individually prepared and presented to the highest standard.
The business demonstrates a solid growth trajectory since opening some years ago.
Historically the business has achieved a revenue of approximately $5.1 million with a profit of $660,000. However, the business has downsized due to Covid 19 impact and recovering rapidly at the moment. It is a great opportunity to get into an established business in the automotive industry.
Key features:
• The business has an excellent online sales portal where buyers can peruse vehicles and then select a time to visit the dealership to see the cars in the flesh.
• Used car sales; web site and premium car yard location
• Great reputation country-wide
• A separate complementary business, a fully functional repair workshop with experienced staff, is included in the sale
• Excellent arrangements with the finance providers, which positively influences revenue
• High-level relationships with suppliers to access good quality, low-cost stock.
• Multiple supplier arrangements for diversity
• Automated finance application systems reduce staff costs
• Very attractive future opportunities for the new owner.
Opportunities
• Bolt-on opportunity for a nationwide chain or larger car dealership to secure a significantly sized dealership with an established reputation in New Zealand
• Opportunity for a car hire company, finance provider, vehicle servicing operator to diversify & gain a leading car dealership
• Great income generator for an individual buyer or an investor to be a significant player in retail automotive.
To learn more, view https://www.youtube.com/watch?v=JuQkS253bXs, or go to linkbusiness.co.nz/EL03332 and press the “Enquire Now” button to complete an online confidentiality agreement.
Serdar Kabul, 021 188 6144, serdar.kabul@linkbusiness.co.nz
Tony Andrew, 021 938 560, tony.andrew@linkbusiness.co.nz
***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.
#buybusiness #dealership #newcars #usedcars #financeproviders #auckland
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Ref: EL03332
Timestamp: 20221207110109
Business Links / Tools
Last updated: 8th December 2022
Agency
LINK | Auckland - Ellerslie
Contact
Serdar Kabul, BEng
LINK | Auckland - Ellerslie- +64 9....
- +64 21....
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Tony Andrew
LINK | Auckland - Ellerslie- +64 9....
- +64 21....
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- view profile