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Tire Store and Repair
| Asking Price: | $510,000 | Inventory: | $45,000 ++ |
| Gross Revenue: | $358,000 | Real Estate: | $120,000 ++ |
| Cash Flow: | $149,879 | FF&E: | $2,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This retail and repair shop offers new tires, used tires and labor. It was founded in 1950 with the current ownership starting in 2005. This is a reputable company with 80% of their revenue from good repeat customer base. They have established superior name recognition in the area with very limited competition. Retail of new tires generates 70% of revenues, used tires generates 10% and the remaining 20% stem from labor. This low overhead and very profitable company is open six days a week. This shop has been run with an absentee owner and could be done so by you. Call now for more information about this outstanding business opportunity!
About the Business
Year Established:1950
Employees:2 full time - 1 part time
Relocatable:Yes
Facilities:The facility housing this super offering has two, one level buildings sitting on a 10,000 sq. ft. lot. The buildings are in good overall condition and they are located on a state highway with high traffic and good visibility. The business could be relocated if needed.
Market Outlook and Competition:The business could be expanded by adding a mobile road service, offering foaming tires and by increasing advertising.
There is very little competition in this area.
About the Sale
Reason For Selling:Retirement
Seller Financing:None
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Industry: Auto Related
Segment: Auto Parts Retail and Distribution Next Listing: Alloy Wheel Repair & Rehab Franchise Resale
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