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REF #1203
Ad Status Sold - Under Contract Sold - Under Contract
State Queensland
Region Gold Coast Region
Price Range $200,000 - $350,000
Business Price $275,000 + SAV
Industry Tyre & Mechanical
Years Established 25+
Years Established by current owner
Is business a Franchise? Yes
Is business relocatable? No
Website Address http://
Property lease period 5 years + options
Property m2 m2
Rent PCM $17,000
Real estate is the freehold property included in sales price No
Trading Days 5.5
Number of Staff
Casuals 0
Part Time 0
Full Time 0
Contractors 0
Total 0
Reasons for selling Retirement
Hand over period 4 Weeks
+ SAV [Stock at Valuation] (approx) $70000
Plant equipment $
Included in asking price? Yes
Gross Sales Income $2,112,454
Net Income $157,521
General Summary Business Description
Established for over 25 years on the Gold Coast this leading National Franchise outlet is offered for sale for the first time due to the impending retirement of the owner. A leading specialist in tyres for heavy vehicles, buses and earthmoving equipment, the business also has a strong private vehicle tyre and mechanical market. There is an enviable list of fleet and commercial clients of long standing as well as a large and growing market from the local large catchment area. Highly experienced, long-term staff together with specialist equipment and a modern fully-equipped call-out truck ensure an efficient and prompt service throughout the Coast. The large, well-presented and highly visible premises are located on a key arterial route with continually high traffic flow. Adjacent to 2 large schools and a large commercial/industrial area the outlet also services large residential areas within an 11 kms radius, ensuring continuing growth. An experienced long-term manager is in place enabling the owner to pick his own hours. Sales exceed $2 Million pa to show a return to a part-time Owner/Operator exceeding $150,000pa. For further details and to receive your Confidentiality Agreement, contact- Peter Baruch 0402304266