Ad ID: 75799 Inactive

Automotive Service and Repair Workshop Franchise for Sale Palmerston North

Busy city ring road location, New lease, Owners retiring.

+ SAV (under $20k) + GST if any.

Franchise for Sale Description

Automotive Service and Repair Workshop Franchise for Sale Palmerston North

Pit Stop is NZ's leading Brake, Service, Exhaust and Under car Specialists with 46 outlets nationwide. The Brand consistently outperforms the industry averages, supported by strong supplier and regular Pit Stop marketing programs.

Situated in an area close to the city center, custom is derived from a loyal mix of Professional, City workers, Trade, Commercial and Fleet customers. This offers great opportunity for city people to have their vehicles serviced and repaired whilst at work. Sales growth FY 2017  up 11%, FY 2018 +18%. Large mezzanine floor and boardroom / office offers potential additional rental income.

Business Resources

The business uses Pit Stops new customised computer operating system encompassing sales, stock, debtors and creditors functions, backed up by excellent financial reporting and in house assistance when required, a strong Marketing Program with emphasis on web based and social media exposure.

Currently staffed by two technicians, the owner and part time clerical assistance, a third technician (could be the owner) would enable further growth and there are additional revenue streams not currently offered. Pit Stop is currently conducting Hybrid and EV training to meet this new and growing additional income stream.

The plant has been substantially upgraded, consisting of 6 hoists and a good complement of compliant specialist plant. Workshop Ute and two Courtesy cars are included.

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