A Thriving Tire Store Franchise

Not Disclosed, CA

Asking Price: Annual Revenue:
$725,000 $1,358,279

Automotive & Boats: Auto & Truck Repair & Service

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RE: A Thriving Tire Store Franchise Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $725,000
Annual Revenue: $1,358,279
Net Profit: $288,061
Cash Flow: $288,061
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2017
Employees: 7
BBN Listing #: 7835931
Broker Reference #: 10356

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Business Overview:

Major Tire Franchise in Northern CA earning more than $225,000 in EBITDA last year, with a track record of increased sales yearly, including last year despite the COVID-19 pandemic. In 2020, over $180,000 was spent turning this location into a state-of-the-art Tire & Automotive facility with a new showroom fascia, vehicle lifts and equipment, to accommodate the ever-increasing sales and profits. This store is located on prime property, across the way from a Starbucks and nearby hospital, on a busy thoroughfare. Landlord is willing to sign a new 15-year lease with options, totaling 30 years. Finally, the buyer of this franchise will enjoy the Awesome Power of one of the largest marketers of tires nationwide standing behind them to support their success! Pr-approved SBA financing with 10% down. #10356

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Property Features and Assets:

4085 sq ft six-bay garage & showroom with a parking lot. Completely remodeled. New lease: 15 years + 3x5 options = 30 years. Rent @ $7,500/month with 2% increase annually. Down Payment $30,900

Reason for Selling:

Raising Cash

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 a franchise resale opportunity.

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