Business Overview:
Never before has there been a better time to be your own boss in the multi-billion dollar automotive service and tire industry. This well established 9 bay auto center is a nationally recognized brand and one of the world's largest providers of automotive service, offering total car care including major brand tires, brakes, oil changes, exhaust, scheduled maintenance, A/C, steering and suspension services. Established profitable operations already have the equipment, inventory and employees in place. Located along a major commercial shopping strip and within ½ mile of a 12,500 student/faculty university, this business offers a buyer a unique opportunity to instill new energy and growth in a turnkey business that has been family owned and operated for 60 years. Sales for 2010 of $995,615 produced a positive cash flow of $145,301, affording an Owner/Operator a lucrative salary after 3rd party financing of the equipment and real estate. Sixty five per cent of the sales come from high margin auto service, with the balance attributable to national brand advertised tires.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Fully equipped, nine service bays including an alignment pit. The spacious building is 9,000 square feet, plus a huge second floor loft for additional storage. Eighteen parking spaces are available in the lot and side street. The asking price includes the land and building, which was recently appraised for $815,000. Seller will provide two weeks of on site training, plus follow-up consulting to ensure a smooth transition. Major tire chain also offers training classes and eLearning for their national independent dealer network.
Market Competition and Expansion:
A sixty year reputation for great customer service, convenience and pricing gives this business a competitive edge over other local auto service chains and independents. The shop is certified by the Motorist Assurance Program and has 6 experienced sales and quality oriented employees. Significant growth potential to an energetic entrepreneur through expanding car counts and diversification of services, including scheduled maintenance, national account fleet business, etc.
Reason for Selling:
Owners wish to retire.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: