GOLD COAST TYRE SHOP BUSINESS & FREEHOLD FOR SALE

SOLD

Burleigh Heads QLD 4220

Automotive

BUSINESS FOR SALE

This is one of the best presented business of its type I have ever seen.

Positioned on a main road on a 809m2 stand alone site which includes, a two-bedroom residence. The showroom and workshop are absolutely immaculate, no expense has been spared with high quality equipment throughout.

The business has been established since 2008 and run by the current owner that now would like to retire. The business operates strictly as a Tyre retailer with plenty of room to expand into mechanical services if a new owner wanted to increase profitability.

Net Profit after all expenses of the business 2017 / 2018 was $122,906.00 to the owner.

Rent the business pays is $5,200 per month + Outgoings.

Asking price of the business which includes a extensive list of quality equipment is $280,000 plus stock of $40,000. The freehold property enjoys rent paid by the business and residential unit of $83,200 per year plus all outgoings.

The owner would sell the freehold to a business buyer or retain it in his Super Fund, and offer a long lease asking $1,170,000.

This is a very rare opportunity to purchase a quality business with growth opportunities and freehold in this market sector.

Don't delay call me today for full details to include 4 years of TAX Figures.

For further enquiries or to arrange an inspection call Brendan Morgan on 0411 410 099 or brendan.morgan@raywhite.com.