Highly Profitable Tyre Business. $340k Profit! Just $649k!!

A rare opportunity to acquire this fantastically set-up and systemised tyre business.

This is a simply great business and a fabulous price! Very well established and located in a prime location, this business is largely managed with the owner working around 10 hours per week.

It is such a well-organised and systemised business with exceptionally large and neat premises. The rent is reasonable for this site, and you will benefit from a brand new 5 + 5 + 5 lease!

This business handles most car-related needs including tyres, wheel alignment and repairs, WOF, batteries, suspension repairs, and alloy wheel sales. Most of the business is repeat / account work and this is not a seasonal business. There is huge opportunity for growth. The owner has several business interests, and someone dedicated to this business would reap the rewards.

There is a great team in place and full training and a clean transition will be provided.

BUSINESS HIGHLIGHTS
• Fantastic reputation
• Large and well-organised premises
• Brand new 15 year lease!
• Use of quality brands
• Annual sales over $1.5m
• Surplus to a working owner of $342,000
• Mostly run under management
• Huge growth opportunities

The current owner has been here 7 years, but other projects now demand his attention. The Accounts are perfect and show a very strong return. Even as a fully managed business, this one will afford you a ROI of around 41%!

This is an attractive cash-flow business and will not last long so contact me today!

Asking $649,000 plus stock of around $100,000

Rafiq Bhamani, 021 129 1916, rafiq.bhamani@linkbusiness.co.nz

***Some details of the business for sale are confidential and can only be disclosed upon contacting the broker and a completion of a Confidentiality Agreement. Due to the confidentiality of this business a stock photo image may be used to represent the business.

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Agency reference #: EL04506