Bridgestone Select Tyre Store, Cleveland

Bridgestone Select Tyre Store, Cleveland — Automotive · Cleveland · Asking $475,000 plus Stock at Value · Revenue $2,500,000

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…

DealProspect/Listings/Automotive

Bridgestone Select Tyre Store, Cleveland

Automotive Workshop

ActiveAutomotiveQueenslandB2B & B2C

Find funding for this deal →View original listing ↗

Asking price

$475,000

Disclosed · plus stock · AUD

Revenue

$2,500,000

TTM

Earnings (est.)

~$398,177

Estimated · comparable listings of this type and size · typically within ±25%

Implied multiple

n/a

Stock is extra · value not stated

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

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Listed

+8 in 30 days

Median asking

$400K

72 priced

Median revenue

$1.4M

36 disclose

Earnings multiple

2.4×

12 listings

Price drops

in 30 days

Asking price spread72 of 75 state a price

This listing · $475K

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36%

19%

14%

Under $100K$2.5M–$5M

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