A FranchiseWinning Tire Store

Not Disclosed, CA


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

Automotive & Boats: Auto Retail - Auto Parts


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RE: A FranchiseWinning Tire Store 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: 9
BBN Listing #: 5434931
Broker Reference #: 10357

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Business Overview:

This business has been operating for 30 years, this store sits along a busy road into town with hospitals and other employers nearby. Revenues have increased admirably for each of the past 5 years, despite the Covid-19 pandemic and a major forest fire nearby. The owner just expanded the facility from a 6-bay to a 10-bay garage, with all new equipment, totaling $320K, to accommodate the ever-increasing sales and profits. A new 15-year lease with options totals 30 years. Finally, the buyer of this franchise will enjoy the Awesome Power of one of the largest marketers of tires worldwide standing behind him to support his success! SBA financing 10357

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Property Features and Assets:

The current lease expires in 2036, Security deposit of $9,000, A new lease is available, Rent $9,000 + $970 NNN, 7,850 square feet, Franchise Tfr Fee $5,000, Adv Fee 2%, Training for 4 weeks

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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