$435,000 + SAV ($190,000 approx.)
This well known tyre franchise specialises in tyres, wheel alignments, wheel balancing, repairs (punctures), batteries and Nitro Gen tyre inflation.
This store has been operating for around 30 years. The current vendor bought the business in November 2013 & after successfully running the business
for the past 8 years, is now looking to transition into retirement.
The business has delivered consistent sales over many years & importantly, sales are up around 12% as of the end of February 2021 compared to last year’s sales.
Tony Iasiello 0412 217 608
|Goodwill including Plant & Equipment||$435,000|
|Stock at valuation (approx)||$190,000|
|Current Rent||$7,323.31 per month + GST|
|Lease Term||5 years|
|Lease Commencement||3rd October 2017|
|Lease Expiration||2nd October 2022|
|Right of Renewal||2 x 5 years|
|Outgoings||Paid by tenant|