Business For Sale

South King Absentee Operated Tire Shop

Kent, WA
King County


Asking Price: Annual Revenue:
$349,000 $477,464

Automotive & Boats: Auto & Truck Repair & Service


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RE: South King Absentee Operated Tire Shop Broker: Wes Martin
Owner Financing is Available!
Seller will participate in financing to assist a buyer in obtaining an sba loan.

Quick Facts

Asking Price: $349,000
Annual Revenue: $477,464
Net Profit: $122,000
Cash Flow: $122,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2002
Employees: 4
BBN Listing #: 574332903
Broker Reference #: Not Disclosed

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Business Overview:

For years this business has been serving their market by supplying used tires. By purchasing tires with in a certain tread depth, the seller is able to meet the large market demands for affordable yet reliable products. Currently the seller operates the business semi absentee through employee management as she lives in Central Washington. This is not a glamorous business but it is very profitable. The seller doesn't market at all, no advertising, no website and no social media. She also doesn't take credit cards and limits her customers to those with cash only. An ambitious buyer could greatly improve the revenues by taking cards and engaging in even the most basic marketing. Take advantage of this little gem and inquire today. An NDA will be required of all inquiries.

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Property Features and Assets:

Corner commercial lot with secure storage and drive thru lane for servicing clients. Rent is approximately $3,000/month with NNN. There is a home on the property that the seller subleases to a tenant.

Market Competition and Expansion:

There is very little competition in this space. The seller doesn't advertise, they take only cash, there is no website or social media presence. Simply by marketing or even taking credit cards would improve the business.

Reason for Selling:

Health and 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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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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