Automotive & Marine | Award Winning Dealership & Luxury Lifestyle

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Award Winning Dealership & Luxury Lifestyle

Otago | Ad ID# 3298
Industries  >  Automotive & Marine
Asking Price $1,498,000.00 Inventory $
Included in Asking/Selling Price
Gross Income $0.00 Real Estate $Own
Stock/Inventory value .00 Year Established NA
FF&E $0.00
Included in Asking/Selling Price

Business For Sale By
Chloe Belli

Contact the Seller
To inquire about this business for sale, click the "Contact the Seller" link below

Award Winning Dealership & Luxury Lifestyle

Award Winning Dealership & Luxury Lifestyle
Central Otago & Lakes
Invercargill based business with Queenstown Branch.

Surplus to working owners circa: $300,000. Combined turnover is substantial at approx. $2M for 2018 and showing good growth on Y/A.

Just a few minutes north from Invercargill, 300 metres off the Queenstown Highway is this top income producing business Lorneville Small Engines Ltd., now available with a branch in Queenstown under the brand Southern Lakes Mowers.

Lorneville was established 27 years ago and is the go to place in Southland for all small engine equipment sales and service, the range covers mowers of all types and an extensive range of outdoor equipment.

There is a large data base of customers and excellent web sites to ensure ongoing business for servicing and equipment replacement.

Staff on hand are stable and reliable. They include small engine mechanics and business sales managers. The husband and wife team work in the Lorneville business and oversee the fully managed Queenstown branch maintaining the high standards which both businesses are recognised for.

The Lorneville business is nestled in an enclave of manicured lawns and gardens (2.4397ha) alongside the owners beautiful home which is included in the sale. The home was built in 2001 and upgraded in 2007 and includes four bedrooms an ensuite, double glazing a new kitchen/bathrooms and two living areas with doors opening to the North overlooking gardens, lawns and pond which even has resident white ducks.

Asking Price is $1,498,000 - This is made up of $800,000 (plus GST if any) for the home and $698,000 for both businesses plus stock at approx. $295,000 which could be set aside and financed separately.

If you are interested and would like more information about this business, visit , register your details and submit the online Confidentiality Agreement. Once Doug receives your expression of interest he will be in touch.

Licensed REA 2008. Copyright Barker Business Brokerage Ltd 2018.

General Information

Home-Based: No


Real Estate: Own

Other Information

Reason for Selling: NA