Automotive Workshop and Tyre Shop – Karratha, WA

Description

BEST LOCATION IN TOWN – TURNOVER $1.1M+ – HIGH DEMAND FOR SERVICES 

This is the Automotive Opportunity you’ve been searching for – in one of the largest and fastest growing towns in WA’s north. 

Karratha Tyre Shop is a tightly held independent business – in arguably the prime location in the CBD. 

There is a high demand for mechanical workmanship in Karratha – and plenty of growth potential. 

• Established in the early 80s as Tom’s Tyres, Exhausts, Brakes and Mufflers 

• Moved to the current CBD location in 1987 

• Became a Bob Jane T-Mart about 1999 – and became an independent store in 2018 

• Good mix of retail tyre sales and mechanical work, including logbook servicing, exhaust work, minor mechanical, wheel alignments, tyres, wheels and batteries 

• High rating on Google search – Excellent customer feedback – No marketing for 3-4 years 

• 2-minute walk from the CBD / Shopping Centre with high traffic flow past the shop 

• Smooth low curbing – plenty of parking for vans, trailers, trucks, lowered cars 

• Good workshop orientation to allow easy driven access and air flow through the building  

• No third-party head lease of building, so open to many possibilities for site  

• Leasehold Premises: 799sqm of property, 325sqm building area with 7 roller doors, office, toilets, shower, storage above office and mezzanine floor 

• Tyre storage on site plus potential for other storage in LIA, 7 minutes away   

• Good access to 5 bays with potential for 6 bays (includes 2 tyre changing bays) – 4 hoists (1 x belly, 1 x 2-poster, 1 Molnar hoist, 1 Benpac hoist) 

• Varied client base, including Local businesses, Walk ins, Repeat customers, Tourists, Fleet work (Budget 4WD, Water Corp and others) – Karratha services many mining industries 

• Excellent Assets – 1 month handover – Owners retiring 

Prior to the last 12 months, this business was firing on all cylinders with a good, repeat customer base, and 4-6 staff. 

However, the owner who did the mechanical work and wheel alignments has been away for over 12 months for personal family reasons. 

There is now huge potential to rebuild the business to previous levels – or higher, given the growing demand for services in this vibrant community. 

PRICE: $350,000 + SAV ($120K – $140K)