Profitable Multi Location Retail Rim/Tires

Not Disclosed, FL

South Florida

Asking Price: Annual Revenue:
Not Disclosed $9,359,045

Automotive & Boats: Auto Retail - Auto Parts

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RE: Profitable Multi Location Retail Rim/Tires Broker: Russell Cohen

Quick Facts

Asking Price: Not Disclosed
Annual Revenue: $9,359,045
Net Profit: Not Disclosed
Cash Flow: $1,227,712
Total Debt: Not Disclosed
FF&E: $200,000
Real Estate: Not Disclosed
Year Established: 1999
Employees: 14
BBN Listing #: 87764955
Broker Reference #: 1043-17382

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Business Overview:

Extremely Profitable Multi Location Retail Rim/Tires Facility in Florida. Established since 1999 as a leader in the Retail Automotive Customization. The company specializes in services ranging from Custom wheels & tires, suspension, interiors to full paint & body restoration. The business caters to customers who want to modify their car, ruck, SUV & more. The company represents the largest brands in the industry. 2021 revenue of $9.4 million with an EBITDA of $1.1 million. Seller will provide long term lease for a total of 10 years. Rent for Facility #1 $16,050 (NNN) and Facility #2 $5,885 (NNN). Experienced staff will continue with new ownership.

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Property Features and Assets:

First Facility Location- $16,050 + NNN- Lease Exp. 12/31/2027 + 1 - 5 year option. Second Facility Location- $5,885 Base+ NNN- Lease Exp. 12/31/2027 +1 -5 year option. Assets = $800,000

Reason for Selling:

Career Change.

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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