Business Summary

INDEPENDENT TYRE BUSINESS OFFERED FOR THE FIRST TIME IN 30 years!

OWNER RETIRING! "DIAMOND IN THE ROUGH"

This a is a strong stand-alone independent business trading in an essential product with an outstanding MAIN ROAD location.

Not being locked into franchise or supplier obligations, the owner has sourced & developed ongoing commercial relationships with quality and reliable suppliers.

The owners have developed a trusted & longstanding relationship with their customers over many years of trading. The new owner will build on this & take the business to next levels of profitability.

KEY FEATURES;
- Well know & visible location a destination site
- Recession/Covid proof trading
- Huge potential to grow business- needs a "cosmetic" facelift!
- Ample room to expand & add value (eg. Additional hoist or Mechanical workshop)
- Independent operation
- Training & handover provided

WHAT YOU NEED TO KNOW:
- Asking Price: $225,000+SAV
- Turnover: $650,000 (2021)
- Adjusted Net Profit: $145,000 (approx.)
- Rent; $5,029.20 +GST per month
- Lease; 3x3x3

Further information & financial history would be available after Confidentiality requirements have been completed.

Property Details