Business Category:
Price Category:
Business Location:
Retail Tyre Shop North QLD
Businesses for Sale
REF #1299
Ad Status For Sale For Sale
State Queensland
Region Townsville Region
Price Range $1,000,000 - above
Business Price $1,200,000 +SAV
Industry Tyre Shop
Years Established 4
Years Established by current owner 4
Is business a Franchise? No
Is business relocatable? No
Property lease period Long term lease available
Property m2
Rent PCM
Real estate is the freehold property included in sales price No
Trading Days 5.5
Number of Staff
Casuals 2
Part Time 0
Full Time 2
Contractors 0
Total 4
Reasons for selling Moving On
Hand over period 4 Weeks
+ SAV [Stock at Valuation] (approx) $250,000
Plant equipment
Included in asking price? Yes
Gross Sales Income $3,084,000 projected
Net Income $948,000 projected
General Summary Business Description
This independent purpose built retail tyre outlet is in North Queensland’s north-eastern coast. With a large position premises and a well trained staff the outlet shows consistent growth.Sales in 2020 $2,253,000.Sales in 2021 up over 20% on 2020 are on track to exceed $3,084,000 with a net profit approaching $948,000. In Australia’s largest urban centre, this shop is well set for continued growth.They offer tyre services for passenger, 4WD, commercial and all terrain vehicles. Freehold commercial property purchase optional extra if required. For further information and to receive your Confidentiality Agreement please call Kieran Saluja on 0426 590 711