Business Summary

This is a great opportunity to acquire an outstanding cash flow automotive business with all systems already in place which generates fantastic profits. This well known and established business has built an excellent reputation with their clientele known for its high-quality workmanship and honesty, for over 9 years. They have been offering an extensive range of services including Tyres, Wheel Alignments, Vehicle Servicing, Mechanical Repair etc.

With nothing to spend, this business offers a reception/waiting area along with a well-equipped workshop and has had a recent upgrade of $45,000 spent. Most equipment is less than 3 years old and the Scissor lift, wheel balancer, Tyre machine and Wheel alignment are 1 year old. While a mechanical background would be great, it is not a pre-requisite to run this business.

Key Highlights
* Current sales $28,000 - $30,000 p.w. 
* Fantastic location in the South of Sydney, only 400m2 from the m5. Over 1,500m2 in size 
* Rent $1,900 p.w. inc. gst. Plus $85 p.w. lease outgoings.  10-year lease (Dec 2020- Dec 2025 + 5-year option) CPI Increases
* Open 6 Days. Onsite parking for 6 to 8 cars
* Same owner since 2014 and he has built up the business which is very well established and has a great reputation in the area. Landlord recently provided new roofing
* Equipment includes 4 Hoists, 2x balancing machine, 2 Tyre changing machines, wheel alignment.  Premises has an office, showroom, toilets, 2 work bays and 2 Tyre bays Italian Corghi equipment throughout
* Excellent Google reviews and over 6,000 Facebook likes 
* Potential to increase sales through the website and increase social media presence 


The current owner will provide support during the handover period ensuring the new owner a smooth transition into the business. Don't miss this opportunity to buy a profitable business. The tyre industry is very large and very stable.

Cost to acquire
* Business: $995,000 plus stock
* Stock SAV approx $150,000 (Over 3,000 tyres new & used from major brands. )
* 3 months lease bond
* 1 month rental advance 
* Any legal fees for buying the business and lease transfer cost.

 

Keywords: Wheel, Tyres, automotive, South Sydney, Profitable  

Listing Number: NSW10753

Broker: Jan Forsyth
?Phone: +61 411 510 610

Email: [email protected]

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Note that some details of the business for sale are confidential and disclosure is subject to completing a Confidentiality Agreement and the discretion of the broker.

Stock photo images may be used to represent the business on an unidentified basis. Purchasers are required to make their own enquiries in order to verify the information provided.
Ref: NSW10753
Timestamp: 20230210020037

Property Details