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 xxxxx or call the managing business broker Shane Fox on xxxxx.
Independent Multi Site Tyre Dealership - under management!
Newcastle NSW
Asking Price
$4,200,000 + SAV
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