Independent Multi Site Tyre Dealership - Under Management!
Business Sold Newcastle, New South Wales 2300
Business Category Auto Accessories and Parts Mechanics
SOLD
Description
Independent Multi Site Tyre Dealership - Under Management!
This multi-site Group is run under management and holds very strong market share across the greater Lake Macquarie, Newcastle & Hunter Valley areas. The business has been strategically built to run autonomously.
With over 30 staff, multiple reputable national and international suppliers, residential and commercial customers and a strong footprint with its brand, what more could you want from a business?
The Group has impressive systems and a huge database showing that whilst 90% of their business is repeat and/or referral new customers are coming to all sites every week.
Sales have been increasing consistently over the last 5 years and the owners are very confident of continued growth.
KEY FEATURES/ SALE HIGHLIGHTS INCLUDE:
EOFY2022 Revenue over $14,300,000
EOFY2022 Adjusted Net Profit at arms length over $1,500,000.
Included assets/valuation of $620,000.
Leased sites with two of them available to purchase as freehold.
Stock at cost holding approximately $1,250,000.
If you are interested in finding out more about this quality opportunity, please email the exclusive selling agents XXXXXXXXXX call the managing business broker Shane Fox on XXXXXXXXXX .
With over 30 staff, multiple reputable national and international suppliers, residential and commercial customers and a strong footprint with its brand, what more could you want from a business?
The Group has impressive systems and a huge database showing that whilst 90% of their business is repeat and/or referral new customers are coming to all sites every week.
Sales have been increasing consistently over the last 5 years and the owners are very confident of continued growth.
KEY FEATURES/ SALE HIGHLIGHTS INCLUDE:
EOFY2022 Revenue over $14,300,000
EOFY2022 Adjusted Net Profit at arms length over $1,500,000.
Included assets/valuation of $620,000.
Leased sites with two of them available to purchase as freehold.
Stock at cost holding approximately $1,250,000.
If you are interested in finding out more about this quality opportunity, please email the exclusive selling agents XXXXXXXXXX call the managing business broker Shane Fox on XXXXXXXXXX .
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This business is somewhat unique and has no similar competition in this region, category or price bracket.
