General Tire & Auto Center Established 60+ Years

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$525,000 $1,407,495

Automotive & Boats: Auto & Truck Repair & Service


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RE: General Tire & Auto Center Established 60+ Years Broker: Randy Bring

Quick Facts

Asking Price: $525,000
Annual Revenue: $1,407,495
Net Profit: $182,508
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1962
Employees: 7
BBN Listing #: 6200630
Broker Reference #: 0101260060

Email or Print Listing

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Business Overview:

Historic general tire & auto center in the heart of Broward County. True retirement sale. Established in 1961, this independent free standing repair facility has been owned by the same family for more than 40 years. Handles most cars, trucks & SUVs. 4 bays, fully equipped, all above ground lifts. Major brand tire & wheel dealer. Unique location with virtually no local competition. Experienced staff includes G.M., front end tech, line mechanic, 3 tire techs and PT bookkeeper. Approx. 30 fleet accounts + a loyal customer base going back for decades. Full tax return records-Should qualify for E2 Visa investment. Below local market rent. All equipment is transferred free & clear; owner will agree to extended transition if needed by Buyer. Contact listing broker for financial details. 2021 financials showing net of $182,508 have been annualized from 9/30/21 P & L. Please refer to listing 0101260060 & ask for Randy Bring when inquiring.

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Property Features and Assets:

3,400 Square Feet freestanding CBC building @ $3,200/month.

Market Competition and Expansion:

Unknown/Unlimited.

Reason for Selling:

Retirement

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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