Business Category:
Price Category:
Business Location:
Tyres- Truck, Passenger, 4WD in ACT
Businesses for Sale
REF #1293
Ad Status For Sale For Sale
State ACT
Region Canberra
Price Range $350,000 - $500,000
Business Price $500,000 + SAV
Industry Tyre Shop
Years Established 22 years
Years Established by current owner
Is business a Franchise? Yes
Is business relocatable? No
Property lease period New Lease
Property m2 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 5
Contractors 0
Total 5
Reasons for selling Other
Hand over period 4 Weeks
+ SAV [Stock at Valuation] (approx) $200,000
Plant equipment
Included in asking price? Yes
Gross Sales Income $2,420,417
Net Income $278,697
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 22 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 2020 was $278,697 For further information and to receive your confidentiality agreement please call Nigel Chynoweth on 0409 058 258.