Self-Managed Auto/Mechanical Franchises

Industry: Professional - Brokerage, Professional - Property/Real Estate, Professional - Brokerage, Professional - Property/Real Estate | Listed by: Business Brokers Network Australia


Key Strengths:


About the business

This store sells an extensive range of premium tyres as well as provide mechanical servicing. They are both fully managed, so no need to be involved in them on a day-to-day basis.

Backed by a Big Global Brand

You'll enjoy the independence of owning your own business. But you'll have the support and backing of one of the world's biggest tyre manufacturers and retailers.

The store is in high traffic industrial location on Brisbane's Northside. They all enjoy the support of long-term commercial customers who rely on this business to keep their vehicles on the road.

Features include:

- A commitment to the high standards set by the company and franchisor

- High turnover with growing profits

- Modern facilities with secure, ongoing leases

- $50,000 worth of up-to-date equipment, all owned outright

- Established, systemised procedures in place, and

- Over 37% return on investment for a non-working owner.

As the new owner, you'll benefit from two weeks of full-time assistance from the vendor who owns another two businesses under the same banner. You'll also receive ongoing support and mentorship from the franchisor.



Sales Revenue - $642,000 (3 year average)

Net Profit under Management - $75,000 (3 year average)



Sale Price $199,000 + SAV



For a detailed Information Memorandum, use this link to complete the confidentiality agreement - https://forms.gle/VPBohabdPMiWCgjQ7
Know someone that could be interested in this?
Asking Price:
$199,000
Yearly Profit :

----


Country

Australia

State

Queensland

Suburb

----


Postcode

4000

Locality

----

Established on

Contact the business


Revenue

----

EBITDA

----

No. of employees

----

Lease period

----


Stock

----


Contact Details Verified

Email Broker Verified

Advertiser Details
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.

From start to finish, the entire business transaction can be done through the Eden Exchange platform.

Need finance support?

We offer tailored financing options that work for you to get the deal done.

Free business valuation

Know if you're paying too much for this business or if it’s right on the money.

success

Success!

Form has been submitted successfully and a representative will get touch with you