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Automotive Business For Sale in Penrith Sydney NSW

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Tyres - Wheels - Automotive - Tyres - $31,000 Gross P.w. - Nett $5,400 P.w - Penrith -good Figures Available

Location:Penrith, Sydney, New South Wales

Category:Automotive

Asking Price:$575,000

575000

  • Sales revenue : Undisclosed
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Tyres - Wheels - Automotive - Tyres - $31,000 Gross P.w. - Nett  $5,400 P.w - Penrith -good Figures Available

Business description

Tyres - Wheels - Automotive - Western Suburbs - Agent SBX Code Number: SFG1023

Automotive - Tyre and wheel retail outlet which is part of a leading national brand. - Services include the supply and fitting of tyres and wheels, tyre and wheel repairs, alignments and balancing. - Competitive buying terms and brand recognition. - Equipment has been upgraded. - No automotive repairs.

Potential
Increase social media presence. - Expand into automotive repairs. - Direct market to car clubs and motor sports groups. - New residential and light commercial developments nearby.

Features
Well established. - Part of largest national tyre group. - Highly profitable. - Ease of operation. - Great location. - Reasonable rent - Good reputation and loyal clientele.

Premises
Modern industrial facility purpose built with polished concrete surface, functional office and waiting room totalling 390 sq. mts.

Location
Superb highly visible site in thriving suburb adjacent to fast food franchise with new developments planned and commenced in Western Suburbs.

Trading Hours
5.5 days - Mon. - Fri. - 8 a.m. - 5 p.m. - Sat. - 8 a.m. - 12 p.m.

Lease
Current lease expires September 2019 + a 3 year option through to September 2022. - 3 month bank guarantee - C.P.I. increases.

Employees
2 owners. +. 2 full timers. + 1 part-timer.

Comments
Misc.- 1 - All other general expenses as per accounting software. - Misc.- 2 - Scrap tyre disposal fees.- This is a great opportunity to buy a well established and growing business which is a member of Australias leading tyre group. - Training is available to ensure a smooth transition. - New owner needs approval by brand group and there is a requirement to buy shares in the group which opens the door to significant discounts and buying power. - Equipment includes 2 hoists, alignment hoist, 3 tonne hoist, tyre changers, laser wheel aligner, wheel balancer, air compressor and office equipment. - Also included are two fully owned vehicles being a Mitsubishi Triton and a Proton Jumbuk. - MYOB figures available.

Figures
Weekly Sales $31585
Rent (ex GST) $777
Wages $2400
Profit $5484


Agent SBX Code Number: SFG1023 - SBX Business Brokers

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