Business Category:
Price Category:
Business Location:
Region:
Bridgestone B-Select
Businesses for Sale
REF #1229
 
Ad Status For Sale For Sale
State Queensland
Region Brisbane
Price Range $500,000 - $1,000,000
Business Price $625,000
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