A Winning Tire Store Franchise

Not Disclosed, CA

Asking Price: Annual Revenue:
$1,295,000 $2,194,788

Automotive & Boats: Auto & Truck Repair & Service

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RE: A Winning Tire Store Franchise Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $1,295,000
Annual Revenue: $2,194,788
Net Profit: $469,949
Cash Flow: $469,949
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 10
BBN Listing #: 3417931
Broker Reference #: 10357

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Business Overview:

Major Tire Franchise which earned more than $400,000 in EBITDA last year, with a track record of increased sales yearly, including 2020 despite the COVID-19 pandemic. Last year, over $300,000 was spent turning this location into a state-of-the-art Tire & Automotive facility with a new showroom fascia, vehicle lifts, equipment, and signage, to accommodate the ever-increasing sales and profits. Additionally, this store has been in business for over 30 years and is located on prime property, directly next to a newly built Starbucks and nearby hospital, on a busy thoroughfare. Landlord is willing to sign a new 15-year lease, with options totaling 30 years. Finally, the buyer of this franchise will enjoy the Awesome Power of one of the largest marketers of tires nationwide standing behind them to support their success! SBA Pr-approved financing with 15% down. #10357

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Property Features and Assets:

7850 sq ft. ten-bay garage + showroom with parking lot New lease: 15 yrs. + 3x5 yrs. options = 30 years. Rent: $9,000/month with 2% increase annually

Reason for Selling:

Raising cash

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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