Business Category:
Price Category:
Business Location:
Mechanical & Tyres Inner Melbourne
Businesses for Sale
REF #1284
Ad Status For Sale For Sale
State Victoria
Region Melbourne Central
Price Range $500,000 - $1,000,000
Business Price $550,000 + SAV
Industry Tyre & Mechanical
Years Established 17 +
Years Established by current owner 17 +
Is business a Franchise? Yes
Is business relocatable? Yes
Property lease period
Property m2
Rent PCM
Real estate is the freehold property included in sales price No
Trading Days 5
Number of Staff
Casuals 0
Part Time 1
Full Time 4
Contractors 0
Total 5
Reasons for selling Retirement
Hand over period 4 Weeks
+ SAV [Stock at Valuation] (approx) $90,000-$100,000
Plant equipment
Included in asking price? Yes
Gross Sales Income $1,607,693
Net Income $458,000
General Summary Business Description
This well established mechanical and tyre outlet is on the market after 17 years of trade. The shop sits on a busy intersection in an inner city location that is still showing growth and development, and is only open 5 days per week. This opportunity allows a new owner the chance to step into a highly successful and profitable business that exceeds industry benchmarks. The data base is extensive and complete and well used. The net profit to working owner 2019 is $458,000 makes this a blue chip investment. For further information and to receive your confidentiality agreement please call Nigel Chynoweth on 0409 058 258