Independent Tyre Dealership!

Price: This business is already sold

Key Sale Highlights

EOFY2023 Revenue over $2,500,000
EOFY2023 Adjusted Net Profit at arm’s length over $350,000
Included assets/valuation of $225,000.
Freehold option available to purchase.
Stock at cost holding approximately $300,000.

Proudly listed by Shane Fox

Business Overview

This profitable independent tyre dealership has been a strong family-owned business for decades. It holds very strong market share across the greater Hunter Valley areas. The business has been owner-operator managed but can have any owner step back as the key staff and team can easily take care of the daily operations. The business has impressive systems and a huge database showing that whilst 90% of their business is repeat and/or referral new customers are coming in every week. KEY FEATURES/ SALE HIGHLIGHTS INCLUDE: • EOFY2023 Revenue over $2,500,000 • EOFY2023 Adjusted Net Profit at arm’s length over $350,000 • Included assets/valuation of $225,000. • Freehold option available to purchase. • Stock at cost holding approximately $300,000. If you are interested in finding out more about this quality opportunity, please email the exclusive selling agents info@merchantbrokers.com.au or call the managing business broker Shane Fox on 0415 407 777.

Sign Confidentiality Deed

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What interests you about this Business Opportunity? *

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Confidentiality Deed Poll *

BACKGROUND

A. The undersigned is desirous of obtaining the Promising Information from the Prospected Business Owner.

B. The Prospected Business Owner will provide the Confidential Information to the undersigned on the terms of this deed.

C. The Prospected Business Owner has required the undersigned to execute this deed when the Prospected Business Owner will provide Confidential Information to the undersigned, prior to the Prospected Business Owner providing Confidential Information to the undersigned.

TERMS AND CONDITIONS

The undersigned agrees as follows:

That the Prospected Business Owner is the sole owner of such Information, and such rights, therein as are now owned or hereafter develop or are acquired by the Prospected Business Owner in connection with the Proposal Transaction and all Confidential Information derived to the undersigned.
That by receipt of such Information, by the undersigned from the Prospected Business Owner, the undersigned acquires no proprietary interest in the Information (and where the term "Information" is used in these conditions, it means the information not already in possession of the public).
That all such Information received by the undersigned from the Prospected Business Owner or from others who advise the Prospected Business Owner, both written and verbal, furnished to the undersigned by the Prospected Business Owner, is by its nature and is considered Confidential Information, and further will be provided in confidence and is to be held by the undersigned and used by the undersigned only at such time that the undersigned is considering the Proposed Transaction.

In the event that, unless the contract becomes effective, the Information is herein, confidential information, then all such Information and the terms of this Deed are subject to the confidentiality provisions of such contract, and

Will use the Information exclusively for the purpose of evaluating the Proposed Transaction, or if pertaining to the other party of the relationship of the Prospected Business Owner with the undersigned, only through the process of evaluating the Proposed Transaction or at present for the world doing contract1.
In written form is WRITTEN/SIGNED/SENT electronically if Vendor & SIGNED BY the undersigned clause C/P:

I have read & agree to the Confidentiality Deed Poll

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