Price
$650,000
Profit *
$243,005
Sales Revenue
Refer to Broker
Location
Hobart - Greater Area, Hobart
Category
Automotive, Accessories/Parts
Listing #
TA00308
Ready for new owners after 26 years trading. The dealership includes a wide range of motorcycles, buggies and PWC’s, all brands from well-known manufacturers with accessories, parts and a multi-bay servicing department.
This business is a go-to provider for land and water motorsports enthusiasts, particularly due to its portfolio of the most respected brands.
*10-year lease
*P&E valued at $184,000
*EBITDA at $243,005 (FY2024)
*Sizable warehouse/showroom
*Robust workforce
*23-year operation
Kelvin Markham and the team at LINK Tasmania are pleased to present to the market a well-known distributor of high-end land and water motorsports vehicles as well as original accessories.
Backed by a team of dedicated staff, including experienced mechanics and apprentices, the business is able to provide high-quality service and expert advice. On average, it derives 50% of its turnover from vehicle sales, while the rest is a mix between parts and repairs.
Post-settlement, suppliers will provide product training, while the current owner will offer sales training and operational support, ensuring a smooth handover.
The business occupies an attractive warehouse comprised of a showroom, storage, staff rooms and offices. It is well-equipped with hoists and workbenches and has roller doors for easy delivery and pick-up access.
Overall, the business resents significant potential for growth, potentially through increased marketing, engaging additional qualified mechanics and minor back-end improvements.
To learn more about this exciting business opportunity, give Kelvin or Mark a call today!
Listing ID: TA00308
Broker: Kelvin Markham
Phone: 041 915 2612
Email: [email protected]
Broker: Mark Bent
Phone: 0417 357 037
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
Ready to unlock the true value of your business? Contact a LINK Corporate Broker today to schedule a confidential consultation.
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