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Business For Sale
TIRE SHOP
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Asking Price: |
$400,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Retail
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Reason for Selling:
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relocation |
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Year Established:
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1988 |
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# of Employees:
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2 |
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Yearly Revenues:
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$212,375 |
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Yearly EBITDA:
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$64,379 |
Business for Sale Overview:
This business about 30 miles south of Indianapolis has excellent profitability and great potential for additional growth. The business sells new and used tires, does alignments, oil changes, general repairs and tire repairs. It has a reputation for great selection, quick customer service and low prices. Customers travel 30 miles to visit the shop and about 90 percent of new customers become repeat customers. The business doesn’t advertise. It instead gets new customers through referrals. The business’ gross revenue greatly increased since the owner took it over in 2000. A new owner could double that by adding a technician or two and expanding business hours. The business is located in a leased 5,000-sq-ft building on a city street right off a major state highway. The well-maintained and clean building has five bays, great roadside visibility and plenty of parking. The landowner is
willing to sell the building or lease it to the new business owner. The business is in a friendly community with a nice downtown and strong school district. The owner is willing to stay on for 30 days after the business sale to facilitate a smooth transition.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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