| |
| Ad Status |
For Sale  |
| State |
Queensland |
| Region |
Brisbane |
| Price Range |
$500,000 - $1,000,000 |
| Business Price |
$580,000 |
| Industry |
Tyre & Mechanical |
| Years Established |
15 Years |
| Years Established by current owner |
15 Years |
| Is business a Franchise? |
Yes |
| Is business relocatable? |
No |
| Website Address |
http:// |
| Property lease period |
5 + 5 years |
| Property m2 |
650m2 plus |
| Rent PCM |
|
| 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 |
None |
| + SAV [Stock at Valuation] (approx) |
$60,000 |
| Plant equipment |
$120,000 |
| Included in asking price? |
Yes |
| Gross Sales Income |
> $1,000,000 |
| Net Income |
Profit to owner $248,000 p.a. |
| General Summary Business Description |
| BRIDGESTONE OPPORTUNITY
BRISBANE NORTH.
Tyre Stores of this quality rarely reach the market,
Strategically situated in modern, purpose built premises in Brisbane’s highest growth Northern suburb. This leading edge, highly regarded franchise provides tyre replacement ,full mechanical and air conditioning service to retail clientele in a clean new state of the art environment . The business is fully staffed with highly experienced staff, mechanics supported by apprentices. Currently there is a manager in place if required.
The store is located on a major busy road with over twenty parking spots and has a fully equipped seven bay workshop , the store has been owned by the same owner for fifteen years.
Excellent, well-maintained plant and a vehicle are included in the sale. There is a long-term lease in place. The original owner is retiring.
Turnover approaching $1.4 million p.a. showing a consistently high Gross Profit of 50% and an annual return to a working owner of $248,000 p.a. Average over the past three years.
Details in Confidence- PETER BARUCH.
BIZ SELL BUY.
PH: 0402 304 266
peterbaruch@optusnet.com.au
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