Profitable Retail Tyre Business, Manawatu

After 15 years of business at this location and over 40 years of service in the tyre industry, it is time for someone else to take over the ownership of this great centrally located Retail Tyre business in Palmerston North.
This business includes stocking a wide range of the very best quality products, Wheel Balancing, Wheel Alignments, Alloy wheels and providing exceptional customer service.

Right Tyre service is a Goodyear Autocare Licensee and provide all the best brands at the best prices and service. It has an easy workshop to manage and access.

All the equipment has been well maintained and includes company vehicles. The workshop utilises the skills of 4 full time qualified tyre technicians, including the owner.

This business has plenty of room for growth for someone that wants to explore further services and products.
The location is beneficial to our customers compared to our competition.
In a nutshell this business:
• Primarily includes tyre sales, fitting, balancing and wheel alignments.
• Does no engine mechanical work or heavy vehicle tyres , but the opportunity to do this is apparent.
• Owners have owned and operated the business since 2009.
• Can operate effectively with 4 full time staff, including the owner.
• Lease on the workshop was re-signed in 2019 with 2 x 6-year terms. Rent is CPI adjusted every two years, with market valuation on lease renewal dates.
• Is a Goodyear Autocare Licensee which offers significant advantages and contractually only 65% of stock is to be Goodyear product, which leaves plenty of room for other brands.
• Are focused, to date, on passenger cars and light commercial vehicles. There is opportunity to expand this offering.
• Service is all on site with no mobile tyre service facility. Again there is opportunity to grow this.

Consultancy/mentoring from the exiting owner can be available if requested.

In the first instance contact
David Trim
david@dtaonline,co.nz