Goodyear Autocare Whyalla

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Business Description

Return to Investor around $1.5M for 2022/23

Goodyear Autocare Whyalla has been in operation for over 30 years.

The business boasts two fronts, a retail/commercial front and an industrial/mining front. This unique setup presents a great opportunity for business growth and expanding its current major accounts.

It is supported by a robust team of 8 staff members, including management, who have a deep understanding of customer service, and a sales-driven attitude in the retail front. Additionally, the majority of staff members are cross-trained, enabling the store to operate efficiently with effective staff levels.

Goodyear Autocare Whyalla has achieved an excellent month-on-month gross profit margin, which is attributed to the specialised staff and niche equipment at the store, which gives them a competitive edge as no other competitor in South Australia can deliver the same products, services, and after-hours service that the business currently provides.

Looking ahead, Goodyear Autocare Whyalla anticipates further growth opportunities, due to the development of the ‘Green Steel’ upgrades to the plant at Liberty Primary Steel and involvement in the hydrogen construction project, which is due to commence in the next 2-5 years, creating an additional 1,000 jobs.

Having undergone major capital investment in new machinery, tools, and equipment in the last 6-9 months, the store is well-equipped for the future.