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Automotive & Marine business for sale in Gold Coast QLD

  • Automotive & Marine
  • Gold Coast QLD
  • $109,000 plus SAV

UNDER CONTRACT - Major Franchise Tyre Dealership A1 location for sale

STOP PRESS - MAJOR COMPETITOR HAS JUST CLOSED DOWN AND THIS BUSINESS IS EXPERIENCING A SIGNIFICANT INCREASE IN TRADE AS A RESULT. THIS ADDITIONAL INCOME HAS YET BEEN FACTORED INTO THE ASKING PRICE

A rare opportunity to own one of Australia’s big-name tyre dealership/workshop locations in one of the Gold Coasts busiest trading suburbs. Excellent prominence located next to the Pacific Motorway

Revenue
$1,011,000 pa

Net Profit
$76,500 pa

Location Details
Gols Coast

Potential
There are additional revenue streams that can be realised by a new owner and with long tenure remaining on both the franchise and premises lease agreements, there is ample time to deliver them.

Skills
Training provided

Lease
7 ½ years franchise agreement (including 5-year option)
15 years lease agreement (including 5-year options)

Reason for Sale
Owner downsizing to focus on other business interests

About the Business
Highly motivated seller.

This national franchise brand is an industry heavy weight.

When buying an existing business, reputation is everything. This particular location has a 20-year reputation for aligning with quality brands, an unsurpassed level service and acknowledged value for money outcome.

The owner has invested significant time in recruiting, engaging and training the current team to ensure the operation of the business is focussed on a culture of positive customer experience whilst continuing to deliver financial KPI’s.

Specific industry experience is not required as training will be provided. The desire to acquire a successful business and ability to manage a motivated team is all that is needed.

History
• Established Gold Coast’s premier Commercial area
• Broad clientele appeal - Local residents, businesses and commercial fleets
• Well established and enviable reputation
• An impressive and fully equipped large premises
• Ample convenient car parking
• Opportunities for additional income streams

Business Highlights

Business ID2014850405
Floor AreaAsk Business Broker
ParkingAsk Business Broker
Annual returnAsk Business Broker
Category
Last updated  10 Jan 2019
Map for Gold Coast QLDGold Coast QLD
Transworld Gold Coast
Po Box 484 Ormeau QLD 4208

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