Business Category:
Price Category:
Business Location:
Region:
Mechanical & Tyre
Businesses for Sale
REF #1287
 
Ad Status
State New South Wales
Region Hunter Region
Price Range $350,000 - $500,000
Business Price $495,000 + SAV
Industry Tyre & Mechanical
Years Established 5 +
Years Established by current owner 5 +
Is business a Franchise? No
Is business relocatable? No
Website Address
Property lease period 5 + 5 years
Property m2 350m2 approx
Rent PCM $4,300 approx ppm
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 Divesting of assets
Hand over period 4 Weeks
+ SAV [Stock at Valuation] (approx) $50,000
Plant equipment $120,000
Included in asking price? Yes
Gross Sales Income Over $2mil
Net Income Profit to owner $298,000 in 2020
General Summary Business Description
This tyre and mechanical shop is situated in a prime area location in this region and is part of a major buying and promotional group. The business is surrounded by very busy and well known shops and eateries. It offers easy access on main transport routes to a range of clients. The premises offers plenty of off street parking and a flexible layout. The modern show room is new and comfortable . The shop is 5 years old and has shown consistent growth each year , 2020 being the strongest year yet. For further information and to receive a confidentiality agreement please contact Nigel Chynoweth on 0409 058 258