Automotive - Mechanical Repairs - Tyres - Franchise

Business Code: GNGD1056A


Key Features: Popular franchise

State: VIC

Suburb: Chirnside Park, 3116

Location: Outer North Eastern Melbourne suburb in only major shopping centre for 12 kms.

Description

Automotive franchise tyre retailer selling passenger, 4WD & light truck tyres - also offers wheel alignment, run flat tyres, log book servicing, vehicle safety inspection, brakes, steering, suspension, exhaust, general repairs, shock absorbers, auto transmission, aircon servicing - revenue & profits growing every year.

Summary

  • Features: Well known and established brand - Great franchisor support - Excellent location - Good fit out - Excellent reputation & testimonials - No technical expertise required to run franchise

  • Potential: Do more marketing. - promote sales through social media - specialise in high performance tyres and repairs - current owner spends $11k per year on advertising - would suit owner operator and save on wages.

  • Premises: Purpose built tyre & mechanical repair premises with an estimated site area of 180 sq. mts.

  • Trading Hours: 5.5 days - Mon. to Fri. - 8 a.m. to 5 p.m - Sat. - 8 a.m. to 12 noon

  • Lease: 5 year lease expires July, 2021 - 5% C.P.I.- Annual rent increases - Bond $32,000

  • Employees: Currently under Management - 1 full-time Manager + 2 full time staff

  • Comments: Franchisor bond (for stock) $40,000 - franchisor approval process takes around 1 month - franchisee requires no technical knowledge or prior training - franchisor provides 1 week training in Adelaide (at franchisee cost) -

Weekly Summary

Weekly Takings
(inc GST)

$12,814

Cost of Goods

$5,422

Gross Profit

$7,392

Rent

$2,116

Wages

$3,271

Outgoings

$7

Telephone

$52

Insurance

$106

Electricity

$52

Gas

$14

Misc1

$365

Misc2

$311

Total Expenses

$6,294

Estimated Stock (Additional)

$20,000

Net Profit

$1,098

Price

$110,000

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