68/042 Automotive Parts & Accessories
Opportunity abounds in the region to grow this business
Recognised as one of Australians premier franchises this business in an iconic brand that enjoys enormous consumer recognition. With the franchise commencing in 1995, the current owner purchased the store in 2000. The last seventeen years have seen consistent growth in both sales and profit - unmatched by peers in the industry. Run entirely under management with minimal input by the current owner, compound growth in gross profit over the period - including the GFC years 2008/2009 - continues above 8%. Gross profit has increased by 42% in the 5 years to 2016, 66% in the last 10 years and over 200% in the last fifteen years, under the expert guidance of an experienced management team and staff.
The region is a designated satellite community to service industrial areas of a greater metropolitan region, which is very vehicle focused and dependent.
A strong customer base with limited opposition and an opportunity to tap into the trade/wholesale market
• Approx 22% return on investment
• Huge potential for immediate growth
with the introduction of an on site owner/operator
• Secure and exclusive branch territory
• Region committed to motor vehicles
• Limited opposition
• Range of products & Services not subject to disruption by internet sale
• Opportunity for second store within franchise area.
Asking price includes
• All plant and equipment (including air conditioned building attached to the rear of the show ( owned by lessee)
• Stock at valuation
• Secure Long term lease of premises
• Secure Franchise Agreement
Price: $ 640,000.00
Stock Value: $ 500,000.00 approx
Net Profit: Upon application
Turnover: $ 2,000,000.00 approx
Plant Value: $ 560,000.00 approx