Business Category:
Price Category:
Business Location:
Region:
JAX in the Gold Coast
Businesses for Sale
REF #1308
 
Ad Status For Sale For Sale
State Queensland
Region Gold Coast Region
Price Range $350,000 - $500,000
Business Price $415,000 + SAV
Industry Tyre & Mechanical
Years Established 19+
Years Established by current owner
Is business a Franchise? Yes
Is business relocatable? No
Property lease period 5+5 years
Property m2
Rent PCM $7,000 + GST and outgoings
Real estate is the freehold property included in sales price No
Trading Days 5.5
Number of Staff
Casuals 4
Part Time 0
Full Time 1
Contractors 0
Total 5
Reasons for selling Other
Hand over period 4 Weeks
+ SAV [Stock at Valuation] (approx) $85,000
Plant equipment
Included in asking price? Yes
Gross Sales Income $1,930,866
Net Income $256,035
General Summary Business Description
JAX in the Gold Coast brings with it the well respected and known name within the tyre industry and also offers amazing drive by traffic exposure for people travelling into the central suburbs of Surfers Paradise. Trading as a tyre shop for over 19 years brings this business the stamp of “being the local tyre shop” in the area. It is in good company with strong retail names in the same and adjoining complex. The shop is currently trading with a Manager in place. Sales are over $1,900,000 for 2021 with a gross profit of 36.6% this business - is worth your inspection. Call Peter Baruch on 0402 304 266 or Nigel Chynoweth on 0409 058 258 to get your Confidentiality Agreement and receive further information.