Sold
Trading from its current location for over 26 years, this Wheel Alignment business is known for reliable and quality wheel alignment services. Trading only 5 days per week, this business trades 8 am to 4:30 pm, Monday to Thursday and 8 am to 3 pm Friday and offers general car servicing, wheel alignment, tyre fitting and balancing.
The business is located in a commercial area, approximately 18 minutes west of the city centre. Currently operated by a working couple, one owner works full time managing the business and performing all servicing duties, and the other handles the administrative side of the business. Currently, the business leases the premises on a month to month basis, however, it is anticipated a new lease will be negotiated between purchaser and landlord.
This business operates out of a fully equipped work shop which enables all necessary services to be completed. With an established reputation and repeat clientele, this business is perfect for someone looking to go out on their own and become their own boss. Both owners are now looking to retire.
Paul Windle 0410 394 254
Goodwill including Plant & Equipment | $72,000 |
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Stock at valuation (approx) | $3,000 |
$75,000 |
Year | Return to Owner |
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2018/2019 | $65,804 |
2019/2020 | $79,699 |
2020/2021 | $75,172 |
2021/2022 | n/a |
New Rent | $2,500 per month incl. GST |
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Lease Term | Long Term available 5 + 5 years |
Lease Commencement | 1st July 2016 |
Lease Expiration | 30th June 2019 |
Outgoings | $7,000 p.a. approx. Paid by Tenant |