08 8361 3074

Wheel Alignment Business - 15mins West of CBD

$72,000 + SAV ($3,000 approx.)

Business Description

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.

At a Glance

  • Trades 5 days per week, servicing steering, suspension brakes & tyres
  • Operating for over 40 years
  • 15 minutes west of CBD including 6 carpark spaces
  • Fully equipped solid brick workshop with 3 phase power
  • Owners looking to retire

Paul Windle 0410 394 254

Extended Price Information

Goodwill including Plant & Equipment $72,000
Stock at valuation (approx) $3,000

Financial Summary

Year Return to Owner
2018/2019 $65,804
2019/2020 $79,699
2020/2021 $75,172

Staff Summary

The business currently is run by one fulltime working owner and one part-time working owner.

Lease Summary

Current Rent $1,492.71 per month incl. GST
Lease Term Month to Month
Lease Commencement 1st July 2016
Lease Expiration 30th June 2019
Outgoings Paid by Tenant

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