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Jax Tyres & Auto Net Profit 2021 $256,000 For Sale

Ashmore, Queensland, Australia
Asking Price:
$395,000 (AUD)
Sales Revenue:
$1,930,866 (AUD)
Cash Flow:
$256,000 (AUD)

Sales in 2021: $1,930,866 and on track for $1,957,791 in 2022

Gross profit in 2022 is on target to be up $207,543 from 2020 and up $76,085 from 2021.

2021 & 2022 Net profit to owner over $250,000 including ad backs and will be closer to the $300,000 for 2022. --

A new JAX Head office program has been introduced to the JAX brand with new exterior paint and signage, resulting in increased awareness for the Auto side of the brand, and for this outlet, the additional offer of 4WD accessories coming.

There has been an update to the workshop to help with the demand, a new wheel alignment machine, and scissor lift has helped push the gross profit at Ashmore to just under 40%.

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