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Coolangatta, QLD

$375,000 + Stock ($110…

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Tyre Retailer for Sale

Property ID 1982595
This business has been established for over 40 years, which is a testament
to the business's profitability over all those years. Turnover for 2018 financial year came in at $1,414,244.97.

The business operates from a stand alone site of 1,140m2 and has a lease to November 2019 + 5 year option. Rent is a low $3,551.36 + Outs + GST per month.

The business sells a large number of car tyres and is one of the only businesses that has the ability to sell & fit small truck tyres and because of this it does have many small business customers which include councils & airports.

Please note this business is not a franchise and can purchase whatever stock is required at excellent prices.

The business has 4 qualified staff that take direction from the owner. The business has exclusivity to tyre brands in the area and also supply's the largest car dealerships in the area.

All equipment to include two service vehicles which are in good working order & have an approximate fair market value of $151,000 which is included in the price.

Current owner has been in the business for 23 years and would help a new owner settle in.

Net profit for 2018 on the books was 164,459.97. Asking $375,000 Plus Stock (Approximately $110,000).

For further information or to arrange an inspection please contact Brendan Morgan on 0411 410 099 or email brendan.morgan@raywhite.com.
This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.