Independent Tire Store in Florida
Location: Florida > South Flordia
Industry: Auto Related > Other Auto Related
Financials
Asking Price: $1,700,000
Gross Revenue: $1,311,000
Cash Flow: $469,000
Inventory: $300,000 (Included in Asking Price)
FF&E: $50,000 (Included in Asking Price)
Real Estate: $1,500,000 (Not Included in Asking Price)
Seller Financing: Owner will finance $700,000 of purchase price to a qualified buyer.
Business Summary
Prime location in South Florida on very busy major road between Miami and Ft. Lauderdale. High exposure, high profit margin, repeat customers, and excellent trained staff and management. Great return on investment of over 30%.
This tire store offers New and Used Tires, Accessories, Wheels, Computerized Alignment and Brake Services. Their deals are so competitively priced, the customers' line up to have tires installed on their cars. Established in 1998, this business grew by providing used tires that were mainly purchased from Europe. Today, the business continues selling used tires and maintains its independences by marketing several brands of new tires. The business always guarantees the lowest price in town in addition to providing excellent service. New tires in the line-up included Michelin®, BFGoodrich®, Uniroyal®, Hancock® and Kelly®. Their store is exceptionally clean and customer's wait for their tires to be installed in comfort.
All sales personnel are tire experts and the employees are trained technicians. In addition, the store has its own generator that provides complete power needs when the area loses electrical power. Open 7 days a week. If someone is searching for a great business that has exceptional service and profitability, look no further.
Owner will train and stay with the new management for several months to ensure smooth transition. Owner has also a wholesale tire business that will continue to operate. For further information, contact Mike Togneri 770.881.7211 Ext. 102 or visit our website. www.vrsatlanta.com
This tire store offers New and Used Tires, Accessories, Wheels, Computerized Alignment and Brake Services. Their deals are so competitively priced, the customers' line up to have tires installed on their cars. Established in 1998, this business grew by providing used tires that were mainly purchased from Europe. Today, the business continues selling used tires and maintains its independences by marketing several brands of new tires. The business always guarantees the lowest price in town in addition to providing excellent service. New tires in the line-up included Michelin®, BFGoodrich®, Uniroyal®, Hancock® and Kelly®. Their store is exceptionally clean and customer's wait for their tires to be installed in comfort.
All sales personnel are tire experts and the employees are trained technicians. In addition, the store has its own generator that provides complete power needs when the area loses electrical power. Open 7 days a week. If someone is searching for a great business that has exceptional service and profitability, look no further.
Owner will train and stay with the new management for several months to ensure smooth transition. Owner has also a wholesale tire business that will continue to operate. For further information, contact Mike Togneri 770.881.7211 Ext. 102 or visit our website. www.vrsatlanta.com
About the Business
Year Established: 1998
Employees: 9 full time -
Facilities: 8000 square feet, 4 lanes, showroom, waiting area
Market Outlook and Competition: Business grows everyyear. Loyal customers, little competition in area.
About the Sale
Management Training and Support: 8 weeks after sale
Reason For Selling: Returning to Mid East
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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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