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REF #1298
Ad Status Sold Sold
State Queensland
Region Hervey Bay
Price Range $350,000 - $500,000
Business Price $365,000
Industry Automotive Repairer
Years Established 10 Years +
Years Established by current owner
Is business a Franchise? No
Is business relocatable? No
Website Address
Property lease period 3x3x3 years
Property m2 350m2 approx
Rent PCM $5,640 p.c.m.
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 Divesting of assets
Hand over period 4 Weeks
+ SAV [Stock at Valuation] (approx) $80,000 at settlement
Plant equipment $90,000
Included in asking price? Yes
Gross Sales Income $1,223,000
Net Income $156,000
General Summary Business Description
Tyrepower Hervey Bay in QLD Fraser coast offers a prime opportunity to appreciate a coastal lifestyle and own a solid business that is in a busy prime location. There is easy access and visibility to boat Harbour Drive and Stockland Shopping Centre. After over a decade of trade in the same location, Tyrepower Hervey Bay has a strong local reputation and client base.