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  • RE:  Tire Dealership & Service Center W/RE In NC
  • Contact:  Tony/Jarma Khoury
Owner Financing is Available!
Owner Financing Terms$225,000.00Owner Financing Interest9%Owner Financing Terms Months60Owner Financing Monthly Payment$4,607.63

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

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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.

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:

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

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