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.