INDEPENDENT TYRE BUSINESS OFFERED FOR SALE; FIRST TIME IN 30 years!

INDEPENDENT TYRE BUSINESS OFFERED FOR SALE; FIRST TIME IN 30 years!

OWNER RETIREING! POTENTIAL PLUS!!

Offered for sale for the first time in 30 years.

This a is a strong stand-alone independent business trading in an essential product with an outstanding & highly visible location.

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

These include Kumbo, Falken, Maxxis, Federal, Nankang & GT Radial.

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

- Ample room to expand & add value (eg. Mechanical workshop)

- Independent operation

- Training & handover provided

WHAT YOU NEED TO KNOW:

- Asking Price: $410,000+SAV

- Turnover: $650,000 (2021)

- Adjusted Net Profit: $145,000 (approx.)

- Rent; $4,730per month

- Lease; New lease will be offered to new owner

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

Suburb Hornsby
Price SOLD
Property Type Business
Property ID 104
Category Automotive

Agent Details

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Tony Lee

0416 111 886
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