Price
$350,000 + SAV
Profit *
Refer to Broker
Sales Revenue
$1,003,000
Location
Hume, Tullamarine
Category
Automotive, Accessories/Parts
Listing #
ME03253
This is a rare opportunity to acquire a strategically-positioned commercial tyre business with strong growth potential for the right owner-operator.
Operating since 2004, this business is situated within a busy complex that includes a petrol station, car wash and a major fast food outlet. The current owner recently acquired it and is offering it for sale to focus on their full-time corporate career, presenting an excellent opportunity for an owner-operator to take over and grow the business.
The business benefits from a 17-year long-term lease, a large 900 sqm premises, a repute brand name and no direct competition in commercial tyres in the nearby area. With owner involvement, reinstating car repairs and improving the website, there is clear potential for the business to grow.
*$1,000,000 annual takings, 45% gross profit
*$7,462 monthly rent
*Lease term until Nov. 2042
*Prime freeway location
*Complete tyre service equipment included
*Huge premises with onsite customer parking
*No competition
Don’t miss this chance to grow a potentially lucrative tyre business with no competition—contact Sanjay now!
Listing ID: ME03253
Broker: Sanjay Agrawal
Phone: 0402 023 502
Email: [email protected]
Note that details of the business for sale may be confidential and disclosure is subject to completing a Confidentiality Agreement and is at the discretion of the Broker.
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*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.
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