Established Tire & Auto Service Business

Not Disclosed, KY
Rowan County

Located in the North-Eastern region of Kentucky


Asking Price: Annual Revenue:
$350,000 $900,268

Automotive & Boats: Auto & Truck Repair & Service


Request More Information
Contact the Seller

RE: Established Tire & Auto Service Business Broker: Will Simmons

Quick Facts

Asking Price: $350,000
Annual Revenue: $900,268
Net Profit: Not Disclosed
Cash Flow: $127,536
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2004
Employees: 8
BBN Listing #: 671462509
Broker Reference #: Not Disclosed

Email or Print Listing

Request More Information
Contact the Seller


Business Overview:

The company was originally founded in the 1960’s, but moved to their current location in Rowan County in the early 1980’s. The current owner acquired the business in 2004 and has turned it into a profitable enterprise with a loyal customer following. The company’s customer base is about 90% retail-based, with the remainder being individual automobile owners. These retail customers include smaller repair shops, gas stations, and local municipal organizations including the fire department and EMS. The current owner sees continued expansion into fleet accounts and service expansion to provide towing and roadside assistance as key drivers of growth.

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.

Property Features and Assets:

The company conducts business out of a 5,000 square foot commercial facility outfitted with 5 service bays, one storage bay, and a warehouse for tires and automobile parts. The space is rented for a $3,000 / month in a triple net lease. The facility also has a waiting area where customers can lounge while their vehicles are being serviced.

Market Competition and Expansion:

The company’s primary competition consists of one other tire retailer, two auto dealers, and a local Walmart. The company is able to beat its competitors by virtue of their location and experience in the industry. The firm’s location is beneficial for business, as their city is the trade center of Kentucky, and the firm has excellent customer service and tire supply and knowledge. The business has avenues for growth, including optimization of digital marketing and expanding their current product and service offerings. For optimization of digital marketing, a new owner could leverage social media advertising and Google Search Engine Optimization (SEO) in order to gain more clients. In terms of services, the business does not currently offer heavier mechanical work, roadside service, or towing, but all of these services could be easily offered. Roadside service and towing both have strong synergies with auto repair. Expansion of products and services will help to tailor to more customer needs, increasing revenues and profits as a result.

Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

Request More Information
Contact the Seller



BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!