Business Category:
Price Category:
Business Location:
Tyrepower Victor Harbor
Businesses for Sale
REF #1237
Ad Status Sold - Under Contract Sold - Under Contract
State South Australia
Region South Coast
Price Range $350,000 - $500,000
Business Price 385,000
Industry Tyre & Mechanical
Years Established 30 + years
Years Established by current owner 11 Years
Is business a Franchise? No
Is business relocatable? No
Website Address http://
Property lease period 10 years
Property m2 300m2
Rent PCM $5,550
Real estate is the freehold property included in sales price No
Trading Days 5.5
Number of Staff
Casuals 2
Part Time 0
Full Time 2
Contractors 0
Total 4
Reasons for selling Retirement
Hand over period None
+ SAV [Stock at Valuation] (approx) $80,000
Plant equipment $100,000
Included in asking price? No
Gross Sales Income $1,280,000
Net Income $226,000
General Summary Business Description
This Tyrepower Store is located on the South Coast of S.A. and has been operating for over 30 years. Sales have steadily grown each and every year and support a strong income to the owner(s)of over $195,000 p.a. in 2018. The business currently does not do mechanical services and repairs but this could easily be add to the existing business model.