Ad ID: 61828

Profitable Tyre Business for Sale Taranaki

Trusted Brand + Loyal Customers

Location:
Asking:
$665,000
Turnover:
$1,500,000

Business for Sale Description

Profitable Tyre Business for Sale Taranaki

The business was founded over 35 years ago has a history of profitability and a significant customer base of returning clients.

Recent investment in new equipment and upgrading the company’s wheel aligner and tyre changer (with top of the range brands) means the business requires no major capex into the foreseeable future.

Highlights of the business include:

  • Trusted brand and a good quality product that people need;
  • Skilled and knowledgeable staff;
  • Loyal and established customer base; and
  • Opportunities in commercial tyre sales and online presence.

After a tough year, 2016 revenue was just under $1.5m. Over the last 5 years, revenue has fluctuated between $1.4m and $1.6m.

Gross profit margin sits around 45% and both normalised EBITDA and EBIT has improved in the last three years to around $220k and $200k respectively. Normalised EBPIDT was recently circa $300k.

The significant customer base includes:

  • Large agriculture contractors and local farmers;
  • Major fleet lease companies;
  • Large corporations; and
  • A significant number of customers who have been with the business since opening.


For further information on this opportunity or if you have any questions please contact Grant McQuoid of PwC Business Sales on (06) 768 3837.

PwC Business Sales (a division of PwC Advisory Sales) is licensed under the REAA 2008.

Interested In This Opportunity?

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PwC Advisory Services
For more info
Contact:

Grant McQuoid

Grant McQuoid
+64 6 768 3837 or +64 21 941 506
9am - 5pm
Phone: Grant McQuoid or +64 21 941 506

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