Sold

1 / 2
$1,650,000 plus Stock at Value

Tyre & Auto Coastal Vic Sold! By The Bizsellbuy Team

Sold

1 / 2
$1,650,000 plus Stock at Value

Tyre & Auto Coastal Vic Sold! By The Bizsellbuy Team

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Tyre & Auto Victoria Coastal SOLD! By the Bizsellbuy Team

This large automotive tyre and mechanical hub, established for over 30 years, is a well-regarded business in the industry with annual sales exceeding $5 million with a net profit of $653,000 in 2024

 

Business Highlights:

  • Location: Situated in a prime location just 45 minutes southeast of Melbourne, within a strong growing area, this business benefits from high visibility and accessibility, attracting a steady stream of customers
  • Services: Specializes in tyre sales, fitting, balancing, and repair services. Additional offerings include wheel alignments and servicing
  • Customer Base: A strong and consistent  client base of repeat customers, including private vehicle owners and commercial fleets.
  • Facilities: It boasts a substantial investment in plant and equipment, with double the resources typically found in a standard store, ensuring it can handle a high volume of work efficiently. Additionally, the sale includes several company vehicles, further enhancing operational capabilities
  • Staff: The business is fully staffed with 10 full time experienced professionals, allowing for smooth day-to-day operations overseen by the owner.
  • Franchise/Licence/Independent: Trading under a co-operative system

 

 

Financial Overview:

  • Annual Sales Revenue: $5,507,000 2024
  • Net Profit to one working Owner: $653,000 2024
  • Lease: A new lease will be offered
  • Finance : Funding options available through major business lending banks to approved purchasers.

For more information and to arrange a confidential discussion, please contact Nigel Chynoweth on  email  nigelc.bizsellbuy@gmail.com or phone 0409 058 258

Disclaimer

 In preparing this document, we have used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained herein.

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