Tyre franchise - Ridgehaven

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Business Description

- Prominent location close to Tea Tree Plaza Shopping Centre
- Newly negotiated long term lease
- Run under management
- Suit hands on owner operator

Kevin Grant


Extended Price Information

Goodwill including Plant & Equipment $65,000
Stock at valuation (approx) $12,000
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$77,000

Financial Summary

Year
Sales
n/a 01/09/12 - 30/06/13 $431,523
2013/2014 01/07/13 – 31/12/14 $327,023
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Staff Summary

This business is run under management with two staff in place

Lease Summary

Current Rent $3,614.94 per month + GST
Lease Term 3 years
Right of Renewal 3 years to 20th April 2018
Outgoings Paid by tenant
Adjustments CPI annually
Current Rent
Current Rent

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