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DealProspect/Listings/Automotive

Bridgestone Select Tyre Store, Cleveland

Automotive Workshop

ActiveAutomotiveQueenslandB2B & B2C
Asking price
$475,000
Disclosed · AUD
Revenue
$2,500,000
TTM
Earnings (est.)
~$533,250
Estimated · comparable listings of this type and size
Implied multiple (assumed)
~0.9×
Assumed · asking ÷ estimated earnings (as advertised)
Brief
  • Branded tyre and automotive service business operating since 2000 within a national network
  • Annual turnover of approximately $2.5 million across retail, commercial and fleet customers
  • Strong truck tyre supply, servicing and commercial contracts including government bodies
  • Premises of approximately 1,821m2 in a highly exposed central location; building owned by vendors
  • New 10 year Licence to Occupy to be granted to the purchaser
  • Experienced 6 person team; 4.7 star Google rating from 180 plus reviews