Return to flip book view

Nigel Chynoweth – Tyre Shop Broker & Advisor Mobile: 0409 058 258 Email: Nigel@bizsellbuy.com.au Kieran Saluja – Tyre Shop Broker Mobile: 0426 590 711 Email: Kieran.bizsellbuy@gmail.com Website: www.bizsellbuy.com.au

Sellers Initials ………. INTRODUCTION Wynnum, a dynamic coastal suburb on the shores of Moreton Bay in Queensland, Australia. If you're considering investing in a business, Wynnum offers a unique blend of entrepreneurial opportunities and a vibrant community backdrop. Imagine owning a business in an area renowned for its stunning waterfront views and a welcoming atmosphere. With a mix of local shops, cafes, and restaurants, Wynnum provides a conducive environment for business growth. The community, known for its friendly spirit, actively supports local enterprises, making it an ideal location for your business endeavors. Wynnum's strategic proximity to Brisbane's city center adds an extra layer of convenience, offering the best of both worlds - the tranquility of coastal living and easy access to urban amenities. As you explore business prospects in Wynnum, envision not just a commercial venture but a chance to become an integral part of a thriving community.

Sellers Initials ………. BUSINESS DETAILS/DESCRIPTION Registered Trading Name: Bayside Tyre Service Address: 88 Tingal Road, Wynnum, QLD 4178 Directors / Owner of Business: Peter & Heather Gwynne Structure: Private Company GST Status: Yes ABN: 8605 4999 227 Business Description: Retail Tyre & Mechanical Outlet

Sellers Initials ………. STAFFING DETAILS There are : 3 Full time Staff + Owner 20 hours a week (morning shift) - Manager - Wheel Alignment Mechanic/Tyre Technician - Tyre Fitter Weekly Wages Example (24.11.23) $3,396

Sellers Initials ………. PREMISES AND LEASE PROPERTY DETAILS Lease: Commenced over 25 years ago Options: Long term ongoing (New owner will be offered a new lease that should align with new franchise agreement)

Sellers Initials ………. HOURS OF OPERATION Trading Days: Monday – Friday Hours: Mon to Friday Saturday Sunday 8:00am to 5:00pm 8:00a-12:00pm Closed

Sellers Initials ………. PRODUCTS AND SERVICES Bridgestone Wynnum offers the following:  Passenger & Light Truck Tyres  4WD & Off Road Tyres  Run Flat Tyres  Batteries  Wheel Alignments  Mechanical Service & Repair  Exhaust  Steering  Suspension  Brakes

Sellers Initials ………. Sales Analysis & Financial Information 2021 2022 2023 Sales $1,629,972 $1,672,751 $1,877,370 Gross $730,186 $697,861 $777,866 NET $259,903 $199,815 $294,100  Current owner works in the business (20 hrs) per week doing light Mechanical work.  Government incentives have been backed out.  New owner will need to replace him with a part time or full time mechanic. (Which will come out of the profit of the business) ASKING PRICE Asking Price for Business: $675,000 $625,000 + SAV ($70,000) + Any head-office training costs.

Sellers Initials ………. Chynoweth to No Further Interest SALES PROCESS PROFILE REPORT Return Business Profile Report to Nigel to discuss other suitable business opportunities. Discuss offer to purchase with Nigel will submit a written offer to the Nigel will prepare the Sales

Sellers Initials ………. PLANT AND EQUIPMENT LIST 1 x Pilot D-30 Air compressor 1 x FMC B-601 Brake lathe 1 x TECO 36 T/I SPH Tyre fitting machine 1 x TECO42ti Tyre fitting machine with side arm 1 x TECO 88 TC Wheel balancer 1 x TECO 8124 Wheel alignment machine with quick clamps and H clamps 1 x REPCO Wheel alignment ramps 1 x Bendpak 4.5 tonne Clear florr 2 post hoist 1 x Molnar 3 tonne 2 post hoist 1 x Bench grinder 2 x Floor mounted workshop fans Oil delivery / storage equipment Tyre racking and workshop benches 1 x Molnar PL92 Platform lift 1 x A/C Recharge recover service trolley 1 x 30 tonne Workshop press 1 x Ultra ride wheel balance system 1 x Nitrogen gas inflation trolley 1 x Snap On Ethos diagnostic tool Various jack stands Various workshop specialised tools and equipment Staff amenity fixtures including fridge , microwave, kettle etc Office showroom fixtures including : 1 x 8kW Ais conditioning system 2 x Megabus work computers 1 x Wall mounted television 2 x Printers Office furniture

Sellers Initials ………. Reception furniture 1 x Panasonic 4 Station over the wire phone system 1 x Boyce auto computer subscription Vehicles 1 x 2000 Holden Rodeo Trayback Ute 1 x 2022 GWM Cannon Ute

For further information on the business opportunity, please contact us

send