Seller's Contact Information
- RE: Successful New & Used Tire Dealer-381223-BK
- Contact: Bill Kelly
Quick Facts
Asking Price: | $565,000 | |
Annual Revenue: | $678,424 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $161,582 | |
Total Debt: | Not Disclosed | |
FF&E: | 106,012 | |
Real Estate: | Not Disclosed | |
Year Established: | 2011 | |
Employees: | 4 | |
BBN Listing #: | 628543891 | |
Broker Reference #: | 9525-381223 |
Business Overview:
Excellent opportunity to run a well established new and used tire service center located in Va. The business is situated on 8 acres with a two bay repair facility and an extra large parking lot, with option to expand. There is a long term lease at below market rent. It offers a full spectrum of service equipment, some which were recently purchased.
Marketing has been word of mouth providing lots of room for growth.
The location is on a busy intersection and has little or no competition in the area. The business offers tires and services for Autos, Trucks, Tractor Trailers, ATV and Boat trailers.
The husband and wife, Owner Operators, have made over 6 figures in the last 10 years, with 30% or more in cash. There are two repair technicians and a large inventory of new and used tires. Its a great recession resistant business. Seller is retiring but is willing to stay for up to thirty days at no charge.
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Property Features and Assets:
Facilities:Free standing former gas station on 8 acres Monthly Rent: $1,400.00 Square Units (Foot, Meter): 1,580 Lease Expiration Date: February 27, 2024, 9:00:00 PM
Market Competition and Expansion:
No direct competitors within 10 miles. Seller has developed a purchasing relationship with several key suppliers that provides him merchandise at a very low cost which allows him a highly profitable markup. This location provides unlimited potential for growth by adding additional profit centers such as U-Haul dealerships, Trailer Sales, Shed/Garage Sales or other items suitable for outdoor storage.
Reason for Selling:
Retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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