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Waipapa, 1B Pataka Lane

Small Engine Superstar in The Bay of Islands

$220,000 Plus GST (if any) + SAV

Listing Number: KK26498
About this listing
Waipapa Mowers Limited is a turn-key business specialising in the service, repair and sales of established quality brands, such as Briggs and Stratton, Victa, Ferris and Grillo.

This very successful family owned business has been operating for nearly 20 years, resulting in a loyal customer base spread throughout the Far North.

Centrally located in the fast-expanding Waipapa retail and industrial centre, this hands-on business is ideally suited to a mechanic with an administration partnership, providing potential for future expansion in the right hands. The showroom, office and workshop are all housed within a substantial building, while the large forecourt and ample parking, is easily accessible from SH10.

The business is for sale with a strong lease in place, outstanding EBIT return, all necessary plant and equipment, as well as full training for the new operator.

For more on the dealerships and financials, call the Commercial Specialists today! This is a fantastic lifestyle opportunity - with summer already here don't waste time deliberating.
Property Information
  • Business description: Retail/service - agri
  • Business Name: Waipapa Mowers Limited
  • Legal Name: Waipapa Mowers Limited
  • Business hours
    • Monday: 8:30am - 5pm
    • Tuesday: 8:30am - 5pm
    • Wednesday: 8:30am - 5pm
    • Thursday: 8:30am - 5pm
    • Friday: 8:30am - 5pm
    • Saturday: By arrangement
    • Sunday: By arrangement
  • Leased plant: Parts cleaner
  • Property Type: Retail general, Other (Service and Agri)
  • Lease details
    • Opex, Rates & Insurance: 2943.69
    • Rent $: Rent: $23,482.44, excl GST, Per: annum
    • Start: 1 February 2016
    • To: 31 January 2022
    • ROR: 1 of 3 years
    • Reviews: 1 February 2019, 2020 & 2021
  • Number of staff
    • Part time: 1
Property Documents
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Contact Details

Harcourts Kerikeri

Bay of Islands Realty Ltd

Licensed REAA 2008

74 Kerikeri Rd
Kerikeri
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