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, [email protected]
Tony Andrew, 021 938 560, [email protected]
***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
