Retail Tire and Service

Not Disclosed, FL
Broward County


Asking Price: Annual Revenue:
$198,000 $590,285

Automotive & Boats: Auto & Truck Repair & Service


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RE: Retail Tire and Service Broker: Andy Fischer

Quick Facts

Asking Price: $198,000
Annual Revenue: $590,285
Net Profit: Not Disclosed
Cash Flow: $76,530
Total Debt: Not Disclosed
FF&E: $60,000
Real Estate: Not Disclosed
Year Established: 1962
Employees: 3
BBN Listing #: 51394955
Broker Reference #: 1040-15065

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Business Overview:

Business established since 1962 in Hollywood in a very high traffic street. They sell new tires and the do mounting, balancing, tire service, alignment, suspension work and brakes. Authorized dealers of Michelin and Hankook, they also sell all makes and models. Equipment includes: 4 lifts (3 big and one small), balancer, alignment system. Profitable business with a recurrent client base. Business can be increased through marketing and fleets, increasing the hours, another service could be added such as auto mechanics. Seller is tired and wants to retire. The business needs new energy.

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Property Features and Assets:

High traffic avenue. 3,900 square feet at $3,700 a month. The city is remodeling the area which will make the area more attractive. Assets= $67,500

Market Competition and Expansion:

There are other similar businesses in the area. This business has a long time reputation and great location. A younger owner with energy and with an effort on internet marketing should be able to increase the volume of the business. The current schedule could be expanded. A new owner could add auto mechanics and other services to increase the lines of revenues.

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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