Tire Store Franchise

Not Disclosed, CA

Asking Price: Annual Revenue:
$1,295,000 $2,194,788

Automotive & Boats: Auto Retail - Auto Parts

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RE: Tire Store Franchise Broker: Jack Flowers
License #: 01160661

Quick Facts

Asking Price: $1,295,000
Annual Revenue: $2,194,788
Net Profit: $469,949
Cash Flow: $469,949
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1990
Employees: 10
BBN Listing #: 8868931
Broker Reference #: 10357

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Business Overview:

This store has been in business for 30 years The store sits along a busy road into town with hospitals and other employers nearby. Revenues have increased admirably for each of the past 5 years, despite the Covid-19 pandemic and a major forest fire nearby. The owner just expanded the facility from a 6-bay to a 10-bay garage, with all new equipment, totaling $320K, to accommodate the ever-increasing sales and profits. A new 15-year lease with options totals 30 years. Finally, the buyer of this franchise will enjoy the Awesome Power of one of the largest marketers of tires nationwide standing behind him to support his success! SBA financing available. 10357

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Property Features and Assets:

New lease 15 years + 3x5 year options total 30 years Franchise 4 weeks training, Rent 9,000 + $970 NNN, rent increases 2% annually 7,850 square feet,

Reason for Selling:

To raise 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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