About the Business

Major auto mechanic workshop and tyre distributor / retailer operating from the same high profile main road location in Northern Tasmania since 1975.

The auto mechanic workshop has an experienced team of (10) mechanics, tyre sales people supported by an administration team.

The business has a loyal following and excellent mechanical reputation for quality vehicle repairs specialising in European top end vehicles. It has RACT Approved Repairer Status, TACC Accredited Member status and is also a Repco Approved Service Centre.

It is co-branded with a major national tyre cooperative buying group, and one of four sites in Tasmania. It is an independent store, and not a franchise.

Both businesses co-exist in high visibility location premises including a modern workshop, tyre showroom and office administration. Around 70% of the area is auto workshop and 30% tyre showroom, however sales are approximately 50/50 within each department.

The freehold premises are owned by the business operators and is offered for sale with the business for $1.6M, or alternatively a long lease can be negotiated.

The business has demonstrated strong sales growth with customers appreciating the “one stop shop” convenience for all their vehicle needs with repairs, services and tyres. Owners are looking to retire and will provide a suitable handover transition to new owners.

Highlights:

• Established auto mechanical workshop & national cooperative tyre retailer

• Experienced team of staff and qualified mechanics & sales people

• Strong revenue growth – FY23 sales revenue $2,500,000

• Excellent profitability and ROI

• High profile location on city’s main arterial road

• Freehold Premises available for sale $1,600,000

• Or long lease terms can be negotiated

• Owner will assist with suitable handover to new owners



Click the Email box and fill in your details. Or call 0448 887 398 (Chris)

Once we receive your enquiry we will send you the online confidentiality agreement so you can receive the detailed Business Profile.

Note the location used may not be a true indicator and the actual location will only be advised after completion of our confidentiality agreement.

FINN BUSINESS SALES TASMANIA website: https://tasmania.thefinngroup.com.au