Independent Tyre Shop - Well established with solid customer base

Industry: Professional - All, Professional - Brokerage, Professional - Internet, Professional - Property/Real Estate, Technology - Online Services, Professional - All, Professional - Brokerage, Professional - Internet, Professional - Property/Real Estate, Technology - Online Services | Listed by: No Agent Business


Key Strengths:


About the business

Phone enquiries - please quote property ID 23701.

Well established, independent Tyre Shop situated in southern suburbs of Brisbane. Very busy with the solid customer base and great reputation. Located in a bustling location with great exposure.

* Location Details - Southern Brisbane
* Hours - 5.5 days - Mon. - Fri. - 8 a.m. - 5 p.m. Sat 8am – 11am
* Lease - Current lease until Dec. 2020 - 2 months bond – 3 years + 3-year option. Good location with low rent.
* Premises - Approximately 300m2 including workshop, reception and waiting area. There are 3 car spaces allocated, plus off-street parking.
* Employees - 1 x full time (plus owner) and 1 x part-time

About the Business
This well known independent tyre outlet in popular Southern Brisbane is for sale.
Offering services and expertise that is second to none this outlet is well respected by locals and trade alike for work on family vehicles, company vehicles and 4WDs. It is also trusted by car enthusiasts with their specialised vehicles.

Situated on a busy street and in a bustling area it provides easy access to retail and trade based precincts. This outlet is perfect for passing trade, light commercial and caravan/holiday transit vehicles.

Passenger and 4WD vehicles are well supported with a good mix of brands available and drop off and pick up service to the local area.

There is also industry-specific software to help control, support and grow your business.
The profit margin averages 49% annually and is online to achieve an increase over the previous financial year.

The business is being sold on a walk-in walk-out basis - $485,000 + SAV. (Stock will be sold at valuation) This includes a well-equipped workshop, computers, software, domains, websites etc. A full list can be provided.

There are NO franchise fees or large corporates dictating the stock brands or levels to maintain. This business is ideal for someone who wants to be their own boss. It is easy to run and everything is here to continue. Potential to diversify and grow.
Make your enquiry today.

DISCLAIMER No Agent Business (www.noagentbusiness.com.au) is an Australian For Sale By Owner website operating since 1999. We proudly assist business owners who are looking to sell their own business without paying any broker commission. While every care has been taken to verify the accuracy of the details in this advertisement, the correctness cannot be guaranteed.
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Asking Price:
$475,000
Yearly Profit :

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Country

Australia

State

Queensland

Suburb

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Postcode

4000

Locality

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Established on
1999

Revenue

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EBITDA

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No. of employees

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Lease period

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Stock

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Contact Details Verified

Email Broker Verified

Advertiser Details
Company Logo
Victoria
Australia
Thinking of buying this business?

Buying a business is a big deal! It can open up a new chapter in your life, expand your growing business base or fulfill that dream you’ve always had. So before you make that offer, there’s a few things you should consider to determine whether or not this business is right for you. In a nutshell these include:

  • Ensure the seller is 100% verified by us
  • Can you afford it? Do you need financing to assist with the purchase?
  • Have you done enough research - industry analysis, competitors, revenue and so on
  • Ask the seller some questions - reasons behind the sale, will they be providing customer/supplier databases, what assets other than the physical business will be including (marketing materials etc), are their tax records and financial statements up to date and verified etc
  • Make sure it’s the right business for you!

In a nutshell, a business owner will ask you to sign an NDA before a deal can commence. This allows the business owner to keep certain information confidential, including client lists, employee information, intellectual property, trade secrets, pricing structures and so on, in case a deal cannot be met. Typically, NDAs are often mutual - meaning, just as you're agreeing to keeping the seller's business information confidential, the seller must also offer that same level of confidentiality to keep your information private.

Another thing to look out for is non-solicit provisions. If a seller has this clause in their NDA, you are prohibited from soliciting any of their clients or employees for yourself or your company for around 1-2 years.

Once you have submitted an enquiry to the seller, the seller can invite you to view confidential information about the listing after signing an NDA in order to conduct your due diligence. Once satisfied, you can make an offer directly to the seller in the Deal Room where a transaction can be done. Here you can also invite any advisors, brokers or lawyers you may have to help make the deal happen. You can even enlist Eden’s personal network of buying professionals to assist you with the entire buying process.

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