Business Category:
Price Category:
Business Location:
Region:
Tyrepower 15km of Melbourne CBD
Businesses for Sale
REF #1312
 
Ad Status Sold - Under Contract Sold - Under Contract
State Victoria
Region Melbourne East
Price Range $200,000 - $350,000
Business Price $225,000
Industry Tyre & Mechanical
Years Established Over 20 Years
Years Established by current owner Over 20 Years
Is business a Franchise? No
Is business relocatable? No
Website Address www.tyrepower.com.au
Property lease period On going long term
Property m2 450m2 approx
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 3
Contractors 0
Total 3
Reasons for selling Retirement
Hand over period None
+ SAV [Stock at Valuation] (approx) $100,000
Plant equipment $80,000
Included in asking price? Yes
Gross Sales Income $1,247,00
Net Income $139,283
General Summary Business Description
Tyrepower store established for over 20 years, sales continue to grow 8-9% over the past 2-3 years. Some of the benefits being a Tyrepower Member Access to major tyre, wheel, mechanical parts and battery brands. Tyrepower conferences, Fleet, E-commerce website and mobile website, significant investment on TV, radio, newspaper, catalogues, digital platform. Centralised accounts system, rebates and brand support.