Ad ID: 83489

Automotive Business for Sale Auckland

RAD Car Hire Dunedin

Location:
Asking:
$480,000

Business for Sale Description

Automotive Business for Sale Auckland

If you like cars and like people this could be the right business for you.


The business is in an expansionary phase, however the owner is in his 70s and says, "It is time to go, - so find me a buyer quickly."


The books are in a very strong position, with excellent turnover and profit figures.


This would be a great buy for an owner operator, or along side an allied business where further synergies could be gained.


The business is sharply priced, so this is one you should check out.


$170,000    Goodwill


$10,000     Stock and plant  ( estimate )


$300,000 to $400,000   vehicles  ( depending on how many units are purchased with the business ).


NOTE :  The vehicle numbers on fleet will be approx 65 for the coming summer season (an increase over the previous year due to growth), however a new owner may wish to replace some of the vehicles with leased units rather than purchase the whole fleet. Or the option is there to purchase some of the fleet to start and then pay down the balance. To finance a fleet today there are many options available - it really comes down to personal preference.


Total purchase price would be around $480,000 all depending on vehicles taken or how they are purchased.


For a Confidential discussion give Basil Badenhorst a ring today on 0224 548 348 and quote the listing number EL01468.




Note: 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. Please contact the broker for further details.





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Link Business Broking Ltd
For more info
Contact:

Basil Badenhorst

022 454 8348
Link Business (Ellerslie)
Licensed REAA 2008
Broker Ref: EL01468

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