Business Category:
Price Category:
Business Location:
Region:
Mechanical & Tyre Business South East of Melbourne
Businesses for Sale
REF #1254
 
Ad Status For Sale For Sale
State Victoria
Region Melbourne South East
Price Range $500,000 - $1,000,000
Business Price $565,000
Industry Tyre & Mechanical
Years Established 7 years
Years Established by current owner 7 years
Is business a Franchise? No
Is business relocatable? No
Website Address
Property lease period 10 years + options
Property m2
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 6
Contractors 0
Total 6
Reasons for selling Moving On
Hand over period 4 Weeks
+ SAV [Stock at Valuation] (approx) $40,000
Plant equipment $80,000
Included in asking price? Yes
Gross Sales Income > $1,000,000
Net Income Net to Owner $190,000 - $215,000 p.a.
General Summary Business Description
This retail outlet is locally known as “The Place to Go“ for the community’s mechanical & tyre needs. Established for over 7 years, the premises features substantial corner street frontage and has room to be developed further. It is visually appealing with great off street parking and features on a central route through the district. The area is surrounded by solid residential suburbs. The business mix is based around substantial mechanical and moderate tyre sales and has a strong gross profit trade of over $800,000 p.a. resulting in a net profit to owner in the range of $190,000 to $215,000 pa.