| |
| Ad Status |
For Sale  |
| State |
Victoria |
| Region |
Melbourne East |
| Price Range |
$350,000 - $500,000 |
| Business Price |
$369,000 |
| Industry |
Tyre Shop |
| Years Established |
|
| Years Established by current owner |
|
| Is business a Franchise? |
No |
| Is business relocatable? |
No |
| Website Address |
http:// |
| Property lease period |
8 years |
| Property m2 |
400 m2 |
| 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 |
Moving On |
| Hand over period |
None |
| + SAV [Stock at Valuation] (approx) |
$60,000 |
| Plant equipment |
$80,000 |
| Included in asking price? |
Yes |
| Gross Sales Income |
$1,496,200 |
| Net Income |
$201,000 |
| General Summary Business Description |
| An excellent opportunity to acquire an established tyre and automotive business operating under the highly recognised Tyrepower brand.
Located in Hawthorn, approximately 6 kilometres east of the Melbourne CBD, the business is ideally positioned within one of Melbourne's most established and highly sought-after inner-eastern areas.
Hawthorn and the surrounding inner-eastern suburbs provide the business with access to a large and affluent residential catchment, significant passing traffic and a substantial local vehicle population. Continued residential and commercial development throughout Melbourne's inner east provides a strong foundation for ongoing demand for tyre and automotive services.
Operating as part of the Tyrepower network, the business benefits from the strength, buying power and recognition of a major independent tyre and automotive group.
Key Features
Highly recognised Tyrepower brand
Established tyre and automotive business
Excellent Melbourne inner-east location
Large and affluent surrounding customer catchment
Strong exposure and accessibility
Established customer base
Access to major tyre brands and group buying power
Opportunity for an owner-operator or experienced automotive industry buyer
Further opportunity to grow and develop the business
Landlord offering a new lease, including a generous relocation incentive should the business be required to relocate in the future
The proposed new lease provides additional security for an incoming purchaser, with a generous relocation incentive offered by the landlord should relocation of the business premises be required in the future.
This is an excellent opportunity to acquire an established tyre and automotive business backed by a major industry brand in one of Melbourne's most desirable inner-eastern locations.
Further information is available upon completion of a Confidentiality Agreement. |
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