Major Brand Tire Center – Huge $347,000 Cash Flow

Not Disclosed, NY
Westchester County

Asking Price: Annual Revenue:
$549,000 $2,190,000

Automotive & Boats: Auto & Truck Repair & Service

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RE: Major Brand Tire Center – Huge $347,000 Cash Flow Broker: Art Blumenthal
Owner Financing is Available!
Qualifies for 90% Bank/SBA financing.

Quick Facts

Asking Price: $549,000
Annual Revenue: $2,190,000
Net Profit: Not Disclosed
Cash Flow: $347,000
Total Debt: Not Disclosed
FF&E: $50,000
Real Estate: Not Disclosed
Year Established: 1969
Employees: 13
BBN Listing #: 844431044
Broker Reference #: 01201602

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Business Overview:

Are you looking for an amazing opportunity to purchase an independent auto repair and major brand tire center with annual sales that have averaged $2,127,555 sales over the past five years? Average annual Cash Flow over this time period was $253,000, rising to $347,000 in 2019, affording an owner/operator an outstanding salary after bank financing payments. The Business is well established with over 48 years of goodwill, excellent reputation for customer service, 4+ star Internet reviews and a loyal clientele. The Business comes with the tire and automotive equipment required to run a high volume full service auto repair business, including alignment and total car care. Twelve full time and two part time experienced employees will support an entrepreneurial new owner who wishes to further grow the business. The Seller will provide training and support during the transition period. The Business has a long term lease with favorable terms and an extremely valuable New York State Inspection and Emission Testing license.

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Property Features and Assets:

Eleven service bays (ten lifts) with tire storage area, large customer waiting room and parking for over 30 cars. The 8,800 square foot building is equipped for a high volume of tire sales, wheel balancing and alignment, along with full service automotive repairs and preventive maintenance. Seller will provide a minimum of two weeks training at 20 hours per week and additional telephone support to ensure a smooth transition. No prior automotive background is required.

Market Competition and Expansion:

Limited competition in the area and a great reputation has enabled the Business to capture a high tire and service market share in its geographic area. Local owner/operator could grow the business by increasing store hours, soliciting fleet business, expanding advertising and greater use of social media.

Reason for Selling:

Focus on other business interests.

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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