Business For Sale

Franchise Tire & Auto Repair Store

Glasgow, KY
Barren County

Not Disclosed

Asking Price: Annual Revenue:
$250,000 $561,366

Automotive & Boats: Auto & Truck Repair & Service

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RE: Franchise Tire & Auto Repair Store Broker: Craig Sanford

Quick Facts

Asking Price: $250,000
Annual Revenue: $561,366
Net Profit: Not Disclosed
Cash Flow: $7,129
Total Debt: Not Disclosed
FF&E: $55,127
Real Estate: $198,000
Year Established: 2014
Employees: 6
BBN Listing #: 1664955
Broker Reference #: 1001-14353

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Business Overview:

This is a well established franchised tire sales and auto repair service facility located in one of the wealthiest counties in the state of Kentucky. The company provides tire service and repair as well as general automotive services, including oil and fluid services, brakes, batteries, suspension and front-end alignment services. The company has a very experienced staff, including 1 general manager, a mechanic, 3 FT tire technicians and 1 sales person. The building is included in the sale of the business and is located across from a busy medical plaza. Owners are absentee and looking to transfer ownership to someone who has the ability to provide more consistent oversight. The business is not currently cash-flowing and is being sold as a turnkey asset sale.

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Property Features and Assets:

The 5,800 square foot stand-alone location has 4 bays and 4 lifts, including a Hunter alignment rack. Seller owns building valued at $198,000 and it is included in the asking price. The seller currently has a ground lease on the property with an outside third party for $1,702 a month that can be extended up to ultimate expiration on 7/31/2047. Assets= $268,348

Market Competition and Expansion:

While there is competition in the marketplace, the franchise's name and brand recognition coupled with this location's history for providing exceptional service sets this operation apart from its local competition. Given this company's well positioned location and the expected continued growth in the demand for auto repair services, this operation is in a prime position to provide profitable growth for many years to come.

Reason for Selling:

Owners wish to pursue other business interests.

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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The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.

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