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Retail Tires, Rims and Service
| Asking Price: | $650,000 | Inventory: | $50,000 ++ |
| Gross Revenue: | $831,806 (comments below) | Real Estate: | n/a |
| Cash Flow: | $238,546 (comments below) | FF&E: | $20,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Consistent | |||
| Cash Flow Comments: Low Cost of Goods | |||
This tires, rims and service business was founded and still operated by the owner who is ready to retire after 41 years. Consistent, provable sales. Majority of customers are drive-ins and repeats. Sales of 60% used tires & 40% new tires accounts for low cost of goods. A small portion of the business is wholesale to car dealers and that could be expanded. Low rent $1575 good for another 15 years. Two buildings on the property of 1.25 acres: Office/display room and service building containing 5 bays and one hoist. Owner acts in managerial capacity. Property has 160 foot street frontage and can be purchased separately.
About the Business
Year Established:1968
Employees:5 full time -
Facilities:2 buildings on 1.25 acres
About the Sale
Management Training and Support:2 weeks 30 hrs per
Reason For Selling:Retirement
Seller Financing:Seller will Carry $450K for 120 months at 6.5% fully amortized at $5109.66 per month with $200K down payment
KEYWORDS: Auto, Tires, Rims,
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State: Utah
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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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