Tyre Franchise – Bob Jane T-Marts - Morayfield

Tyre Franchise – Bob Jane T-Marts - Morayfield

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Location Details :

Country

Australia

State

--

City

Brisbane


Industry :
Professional - Brokerage ;

Financial Details :

Revenue

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EBITDA

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EBITDA multiplier

-x

About the business

Bob Jane T-Marts Morayfield has been operating for 28 years, providing the highest quality tyres, wheels, and car batteries.
It is ready to serve any customer with a vehicle whether
hey are ordinary passenger vehicles or four-wheel drives.
The business has cultivated a stellar reputation over the years, as evidenced by its many favourable reviews on Google, resulting in a 4.1 out of 5 stars.
There is an intense 24 week training program (Fit to Franchise) all successful applicants who pass the initial selection criteria must participate in and successfully pass prior to taking on their Franchise.
This training program is delivered in 4 x 6 week blocks, covering all facets of the business from Tyre Fitting to Wheel Aligning, Product Knowledge to Sales Training, Point of Sale to Financial Management (including Book-Keeping procedures) and finally Managing the day to day operation of a T-Mart.

* Revenue F.Y.2021 circa $2.9m;
* Adjusted Net Profit F.Y.2021 $395k;
* Comprehensive Training over 6 months;
* Training Fee - $16k deposited upfront in account. Typical cost is $6k;
* Vendor has a perpetual Franchise Agreement meaning no Franchise Fee renewals;
* Well suited to an owner operator. No partnerships permitted;
* Franchise Marketing Fee 5.6%;
* 0% Franchise Royalty Fee; and
* Potential buyer must have 50% of the purchase price in unencumbered cash. The total debt cannot be more than 52%.

Price: $375,000 + SAV ($140,000) + P and E ($40,000)

For more details on this outstanding business opportunity, contact Tom Jolly on 0403 720 965 or email tom.jolly@thefinngroup.com.au

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$375,000

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