Tyre Sales and Fitting Business for Sale in Sydney

By allbiz1
0
(0)

Sydney 2000 Sydney, New South Wales, Australia

30 3037
$595,000
BIZ1092
4 months ago

If you're a car enthusiast with a passion for the automotive industry, there's an incredible opportunity waiting for you in Sydney's South West.

This opportunity offers the chance to purchase an existing operation with a long lease, impressive turnover, and a profit to the owner exceeding $350,000 per annum. Don't miss out on this amazing chance to enter the automotive industry and turn your passion into a successful business venture.

LOCATION
Conveniently situated on Belmore Road North in the charming suburb of Riverwood, which is nestled in the heart of Sydney South West.
A prime location, Hot Tyres is easily accessible to both locals and visitors alike.


PREMISES
A remarkable property spanning over 1500m2, featuring parking space for up to 8 cars, offering a 10-year lease from November 2020 to December 2025, with a 5-year option, all at a rate of just $1,900 per week, inclusive of GST.

HISTORY OF THE BUSINESS
The business, established in 2014, operates six days a week from 8:00 AM to 5:00 PM on Monday to Friday, and from 8:00 AM to 3:00 PM on Saturday.

THE TEAM
Currently operating as the full-time owner operator and manager, overseeing a team of two dedicated full-time employees and two part-time employees who assist in the day-to-day operations of the business.

ASSETS INCLUDED IN THE SALE
Most of the equipment is less than 3 years old. It includes a Scissor Lift, Wheel Balancer, Tyre Machine, and Wheel Alignment that are 1 year old. There are also 4 Hoists, 2 balancing machines, and 2 Tyre Changing Machines. The premises include an office, showroom, toilets, 2 work bays, and 2 tyre bays. The equipment throughout is Italian Corgi.

SALES
Currently, the company has an impressive annual turnover of $1,500,000.

PROFIT
Profit to a working owner operator is over $350,000 per annum

ASKING PRICE
$595,000 + $150,000 stock
 

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