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Coastal Tyre Shop - Established 44 Years For Sale

Coolangatta, Queensland, Australia
Asking Price:
$450,000 (AUD)
Sales Revenue:
Available on request
Cash Flow:
Available on request

- Categories: Automotive
One of the best performing Tyre shops on the coast.

Sales as of March 2022 are up around $70,000.00 dollars compared to the same period last year. This non-franchise independent operates from a 1,140 m2 stand-alone site with a net return to the single owner of $237,308.00 for the 2020/2021 financial year, Sales for 2020/2021$1,420,860.

Single owner operator has flexible hours and a team of 3 very capable long-term staff. The business has an exceptional reputation for service and offering all brands at great prices. This is a solid business, with very well documented trading figures and a very good investment opportunity in the essential service business sector.

All of the equipment that is needed is in place to include some items that wouldn't be seen in other outlets, this sets the business apart from others, approximate fair market value $150,000
The current term on the lease 1st December 2024 with an additional 2 x 5 year options with low rent of $3,551.33 + Outgoings per month.

Being an independent retailer there are no monthly franchise fees or group advertising costs.

The business has excellent suppliers that offer great trading terms with full rebates on sales.

Training would be offered to a buyer if needed however the staff are very capable and can work in all areas of the business if the owner is away or on holiday.

A detailed information memorandum is available with a video tour and owner interviews. Use this link to complete the confidentiality agreement - https://forms.gle/B5mCe2xxGh34spra7

Asking $450,000 plus stock approximately $115,000

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