Retail Tire and Service

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Well Established Retail Tire business
Asking Price:
$198,000

Gross Revenue:
$590,285
Cash Flow:
$76,530
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$7,500
included in asking price

FF&E:
$60,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Business established since 1962 in Hollywood in a very high traffic street. They sell new tires and the do mounting, balancing, tire service, alignment, suspension work and brakes. Authorized dealers of Michelin and Hankook, they also sell all makes and models. Equipment includes: 4 lifts (3 big and one small), balancer, alignment system. Profitable business with a recurrent client base. Business can be increased through marketing and fleets, increasing the hours, another service could be added such as auto mechanics. Seller is tired and wants to retire. The business needs new energy.

About the Business

Location:
Broward County, Florida
Year Established:
1962
Number of Employees:
3 FT
Facilities:
High traffic avenue. 3,900 sq ft at $3,700 a month. The city is remodeling the area which will make the area more attractive.
Market Outlook/
Competition:
There are other similar businesses in the area. This business has a long time reputation and great location.
Growth & Expansion:
A younger owner with energy and with an effort on internet marketing should be able to increase the volume of the business. The current schedule could be expanded. A new owner could add auto mechanics and other services to increase the lines of revenues.
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About the Sale

Reason For Selling:
Retirement.
Training/Support:
Will train for 2 weeks @ $0 cost.
Business license required. General management skills and marketing knowledge a plus.

Listing Info

ID:
1657769
Ad Detail Views:
315

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Business Listed by

Andy Fischer

Murphy Business & Financial Corporation
License# SL3186401

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