$300k Profit Panelbeating Business

With revenue of $1.6mil, this well-established panel & paint business, based in the Northland region has earned a steady flow of repeat customers, both commercial insurance and private and is forecasted to continue growing.

The business currently employs high levels of staff, made up from a mixture of panel beaters, sprayers & office administrators. This is ideal for someone to purchase his or her own business with ample space to grow.

The business has contracts with the majority of the main insurance providers giving the new owner a constant flow of profitable work. There is also the potential to bring on an additional large insurance company that would add significant revenue and profit increases.

The business is situated on a high-profile site with outstanding signage and promotional opportunities. It does not currently have any advertising as they have not needed to; a new owner could ramp this up to bring even more revenue through the doors.

This is a chance to purchase a well-established business that has been owned by the current owners for over 16 years and is a household name in the area.

Price $550,000

Call Ollie Wright on 021 0812 2355 today.

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Agency reference #: 33836