Available for acquisition is a well-established tyre store established in 2004, offering a comprehensive range of brands and supplemental services. The business is strategically located in a prime industrial location, allowing convenient access to major thoroughfares. It demonstrates excellent financial standing, deriving $24,000 per week.
*20 years of operational history
*Taking 1.2M PA
*45% gross profit margin
*remaining 18 years lease
*900 sqm premises
*P&E valued at $100,000
Operating for two decades, the business has built its reputation as an excellent carrier of various commercial tyre brands in addition to cars/passenger vehicles, also offering related services such as balancing and wheel alignments, allowing it to secure a loyal customer base. It has maintained a stable financial performance, deriving $1,200,000 annually with an impressive gross profit margin of 45%.
Located in a prime commercial location, the business benefits from ample accessibility and minimal competition. Its 900 sqm premises offer a secured tenure with 18 years remaining, ensuring stable operations and easier long-term planning.
Moreover, the sale entails plant and equipment valued at $100,000, eliminating the need for substantial capital injection post-acquisition.
The business is run by one owner-operator working full-time, assisted by two part-time staff and a mechanic for Saturday vehicle servicing. Its dependable team, established customer base and stellar industry reputation present an enticing opportunity for prospective purchasers.
Listing ID: ME03093
Broker: Sanjay Agrawal
Phone: 0402 023 502
Email: sanjay.agrawal@linkbusiness.com.au
Ref: ME03093
Timestamp: 20241120033002
