50% Equity in Leading Auto Service Center in Limassol Project №178947
We are pleased to present a unique opportunity to acquire a 50% joint-venture share in one of Limassol’s most successful and reputable auto service and repair centers. Operating continuously since 1999, the business has built an exceptional reputation, supported by a loyal customer base and a long-standing track record of strong performance.
The center is strategically located in the Ypsonas industrial area, offering immediate access to the highway and excellent logistical advantages. It is fully equipped to deliver a complete spectrum of automotive services, including engine and gearbox repairs, full bodywork and restoration projects, professional car painting, and advanced electronic diagnostics. The facility is extensive and well-maintained, featuring three professional paint booths, four car lifts, a large hangar, and a comprehensive range of specialized diagnostic and repair equipment. The business is supported by a highly skilled and professional team, ensuring excellent service quality and the ability to handle both routine and complex repair tasks.
The company maintains official cooperation agreements with all major insurance providers on the island, securing a stable and consistent workflow. Its operational performance continues to grow, with 33,795 vehicles serviced in 2022 and 49,616 vehicles in 2024. The business is actively preparing to expand into electric vehicle (EV) servicing, reflecting rising market demand. There is still significant room for operational expansion, and both service volumes and revenue can be substantially increased through strategic optimization and development initiatives.
Financially, the center is strong and stable, generating an average pure profit of approximately €400,000 per year, making it one of the region’s most profitable auto service operations.
The 50% JV acquisition does not represent a share in revenue alone — it includes 50% ownership of the business, 50% of all professional tools, equipment, infrastructure, and all physical and operational assets of the company. The land (1,727 m²) is not for sale but is held under a long-term rental agreement, which is transferred proportionally within the JV structure. A portion of the investment amount will also support the company’s working capital and further development.
Additionally, there is potential for expansion through the acquisition and development of adjacent land, offering excellent long-term growth prospects.
This is a rare opportunity for investors wishing to enter or strengthen their position in the automotive services sector through a profitable, established, and fully operational business with strong fundamentals, long-term scalability, and clear opportunities to increase revenue.
For more information, please feel free to contact us.
