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- RE: Tire Dealership & Service Center W/RE In NC
- Contact: Tony/Jarma Khoury
Quick Facts
Asking Price: | $2,250,000 | |
Annual Revenue: | $2,306,451 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $471,213 | |
Total Debt: | Not Disclosed | |
FF&E: | $239,060 | |
Real Estate: | Not Disclosed | |
Year Established: | 1999 | |
Employees: | 12 | |
BBN Listing #: | 942537 | |
Broker Reference #: | 13485-582848 |
Business Overview:
Leading Auto Tire, Repair & Service Center Located in Growing Eastern NC Waterfront Community.
Serving Eastern NC for over 25-years, this business listing has consistently generated over $450,000 in SDE (seller discretionary earnings), with one of the two owners only working about 10 hours per week.
Real estate is included in this transaction, consisting of nearly 10,000 sq.ft., 6-bays and an adjacent vacant lot for the business to expand. Recently appraised at $650,000.
Due to their interest in retiring, owners seek to transition their business to an energized and engaged buyer.
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Property Features and Assets:
A free-standing, zoned commercial property with 9,900 sq.ft., 6-bays and an adjacent vacant lot to expand.
Market Competition and Expansion:
Potential Growth: Improve digital marketing and social media advertising. Expand services to include routine maintenance. Business is currently reactive, but has the potential to sell additional services to its long-standing customer base.
Competitive Overview: Several independents tire and service shops, including a few regional multi-shop players.
Reason for Selling:
retirement
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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