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Business For Sale
AUTO TIRE DEALER-GREATER NASHUA
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Asking Price: |
$499,000
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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Seller is relocating out of State. |
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Year Established:
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1980 |
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# of Employees:
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4 |
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Yearly Revenues:
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$1,193,704 |
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Yearly Cash Flow:
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$164,767 |
Business for Sale Overview:
This is an independent tire dealer that carries all major brands of tires and performs Computer Wheel Alignments. The business was started by the current owner’s father 30 years ago. The current owner acquired the business in 2001. The business has earned an outstanding reputation for providing excellent customer service at very competitive prices for their products and services. Much of the business comes from repeat customers and word of mouth from existing advertising. The business has trained reliable employees and excellent books and records making this a real turn-key opportunity. Great supplier chain allows for next day delivery of tires keeping inventory cost low. A new owner will enjoy the benefits of a solid 30 year track record and satisfied, loyal customers. The business is being offered at an attractive price and the seller is offering very favorable terms. This is a rare opportunity for the right buyer!
Property Features and Assets:
Facilities: The business leases approximately 4500 sq ft, which consist of 3 bays and 1 office. Seller is paying $1710 per month. Lase Term: Current lease term is through July 31, 2012 with (1) additional 5-year renewal option. Additional options possible.
Competition: Business is very well establish and customers are repeat and loyal. Much word of mouth.
Market Competition and Expansion:
Competition: Business is very well establish and customers are repeat and loyal. Much word of mouth.
Growth and Expansion: (1) The business currently rents out 2 of its 3 bays to an independent mechanic who uses them to do auto repairs. This arrangement is done on a month to month basis and a new owner could expand the business by taking over the other 2 bays; (2) by expanding the hours or days of operation; (3) increasing the advertising; (4) by expanding the range of services to include mechanical repairs
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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