Auto Performance & Wheels with A Great Reputation

Not Disclosed, FL
Broward County

Asking Price: Annual Revenue:
$325,000 $1,280,883

Automotive & Boats: Auto & Truck Repair & Service

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RE: Auto Performance & Wheels with A Great Reputation Broker: MARTY FISHMAN
Owner Financing is Available!
Loan/Seller- Amount: $75,000 Months:36 Rate:6.00% Monthly Payment:$2,281.65

Quick Facts

Asking Price: $325,000
Annual Revenue: $1,280,883
Net Profit: Not Disclosed
Cash Flow: $185,398
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 2001
Employees: 3
BBN Listing #: 1161630
Broker Reference #: 0101851969

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Business Overview:

Established for 20 Years! Auto parts, Performance accessories, Tires & Wheels, with installation and routine automotive maintenance for Cars, Trucks & SUVs. A certified Dealer for Nitto, Hancook, Nexen, and Others. 85% walk-in trade and 15% from dealers. $150,000 in the inventory of tires, wheels, parts, and accessories included with the sale price. Great location. 4,200 Square Feet. Rent- $5,125. Good books and records. The fiscal year is June through May. Should qualify for an E2 Investment Visa. 3 full-time employees and two owner-operators ( The financials are adjusted for one owner-operator as both are exiting and one will need to be replaced ) run this year over year consistent business operation. The sellers are ready, after 20 years, to transition to a new career. Automotive aftermarket and tire and wheel experience are necessary to operate this business. Partial seller financing is available to qualified buyers. Please refer to listing number 0101851969, business broker Marty Fishman when inquiring about this listing.

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Property Features and Assets:

Lease/Month: $5,125; Square Footage: 4,200; Building Type: Retail plaza End; Expiration Date: 12/31/2023.

Market Competition and Expansion:

Non Compete : Miles: 30 Years: 3

Reason for Selling:

Career change & divest of Asset.

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 not a franchise resale opportunity.

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