Thriving and Vibrant Auto Tire and Service Center, family owned
| Asking Price: | $2,500,000 | Inventory: | |
| Gross Revenue: | $1,545,542 | Real Estate: | n/a |
| Cash Flow: | $331,599 | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
Super Successful Auto Tire and Service business, sales price includes the real estate. Lots of curb appeal and many repeat customers. The Annual Net Profits for this business have increased approximately 25% each year and should pay for this business and the real estate in approximately 7 years at the present rate of sales. This is a business that displays pride and confidence in the image it portrays because of it's appearance and well maintained surroundings.
About the Business
Year Established:2002
Employees:10 full time -
Facilities:The building has a total of 8100 s.f., was built in 2002, is constructed of concrete block with steel framing and metal roof. The property size is .98 Acres, is located on a major 4 lane, traffic artery, has 39 parking stalls, consists of six 12ft. overhead doors & one 16 ft. overhead door. There are 10 hydrolic lifts and 11 vehicle capacity working area. The property is very well maintained and has an excellent curb appeal along 199 ft of frontage. Primary revenues come from tire sales and related accessories along with the auto maintainence.
Market Outlook and Competition:This business has a relationship with "The Tire Factory", which is a large wholesale distributor of some of the highest quality, American Made tires. The wholesale prices are very competitive and have a margin for reasonable profits. This business has grown more than 25% each year, because of the quality products they sell and personalized services they provide to their customers. The nearest competitor is a couple of miles away, but this business doesn't seem to be effected by the competition. Growth and Expansion: This business, with the relationship with the wholesale tire company and outlet, "The Tire Factory", could very easily expand into other locations. It would take an owner wanting to do it, which the necessary capital and experience to do so.
About the Sale
Reason For Selling:Seller is retiring and moving out of state.
KEYWORDS: auto repair, auto body, body shop, repair, services, garage, mechanic, car, cars, automobile, auto, salt lake city, utah, tires, tire, real estate, curb appeal, real estate
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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