Real estate is the freehold property included in sales price
Number of Staff
Reasons for selling
Hand over period
+ SAV [Stock at Valuation] (approx)
Included in asking price?
Gross Sales Income
$200,000 - $350,000
General Summary Business Description
This excellent tyre store has been established for over 10 years and moved to modern, new premises over 3 years ago. The business has enjoyed strong growth each year in a high demand location.
Situated centrally in a high growth area and located adjacent to large shopping centres and an extensive commercial precinct with constant passing traffic, continuing growth should be achievable.
TYREPOWER is a well-known, leading tyre group where the store owners are the shareholders. It is NOT a franchise. The owners enjoy many benefits and buying privileges without the associated franchise fees. This ensures that TYREPOWER stores are in high demand.
A stable staff including an experienced manager are in place. Premises and equipment are modern. There is ample off-street parking. An excellent long-term lease is in place.
Each year has shown an increase in sales and profitability, and in the current financial year it is anticipated sales will reach $1.7m with a Gross Profit of 33% showing an excellent return to the owner.
The owner is ready for a change and is now seeking to pursue other interests.
PRICE: $450,000 plus Stock (Approx. $30,000.)
For Details please contact- Peter Baruch.
Biz Sell Buy.