Business Category:
Price Category:
Business Location:
Well Established Tyre Shop ACT
Businesses for Sale
REF #1265
Ad Status For Sale For Sale
State ACT
Region Canberra
Price Range $350,000 - $500,000
Business Price $420,000 + SAV
Industry Tyre Shop
Years Established 21 years
Years Established by current owner
Is business a Franchise? No
Is business relocatable? No
Property lease period 5 + 5 + 5 years
Property m2 m2
Rent PCM $8,000 pcm + GST
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 Other
Hand over period 4 Weeks
+ SAV [Stock at Valuation] (approx) $
Plant equipment $
Included in asking price? Yes
Gross Sales Income $2,145,463
Net Income $169,259
General Summary Business Description
This well established retail tyre outlet is known as the tyre specialist in the area they have serviced in the ACT for over 21 years. With an extremely well trained and knowledgeable team –they focus on the tyre needs of 4WD, passenger, fleet, light commercial and truck customers. The truck portion of the business is extremely well developed – with purpose built workshops catering to large truck requirements . The business is supported by a mobile truck/passenger service as well as an emergency call out service. The business has had solid increases in sales turnover of approximately 15% each year for the past three years, with this growth projected to continue. The net profit to owner in 2019 was $169,259. For further information and to receive your confidentiality agreement please call Nigel Chynoweth on 0409 058 258.