Tire Store Franchises w/Real Estate

Not Disclosed, CA

Northern small town CA


Asking Price: Annual Revenue:
$4,650,000 $3,238,000

Automotive & Boats: Auto Retail - Auto Parts


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RE: Tire Store Franchises w/Real Estate Broker: Michael Floorman
License #: 01160661

Quick Facts

Asking Price: $4,650,000
Annual Revenue: $3,238,000
Net Profit: $804,000
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1989
Employees: 18
BBN Listing #: 850931
Broker Reference #: 8683/8684

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Business Overview:

A two-store mini-chain in northern Ca.

Store #1: Established thirty years, the store’s revenues have increased steadily during the past five years under the current owner. A roomy, well-maintained building allows for the store’s continued growth and profits.

Store #2: Sales have skyrocketed ever since its Grand Opening in 2017. At that time, the building was completely refurbished inside and out, ground to top. This store is in a town with a population base nearly five times larger than of store #1; thus, over time it will become the bigger store in sales and profits.

The two stores are twenty-five miles apart in the same metro region. The part time, out-of-town owners provide general oversight remotely.

Each store is situated on high volume traffic artery leading into town. Both enjoy sizeable revenues from national and local fleet accounts such as Enterprise and Comcast.

Reason for sale: The sellers are raising cash to fund new ventures.

The asking price includes the business and the real estate at both sites.

SBA pre-approved financing includes a twenty-five year note with the buyer’s fifteen per cent down payment.

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Property Features and Assets:

Store #1: 7,850 sq. ft. building on a .75-acre plot Store #2: 4,085 sq. ft. building on a .41-acre plot

Market Competition and Expansion:

Population base in greater area big enough to open one or two more stores.

Reason for Selling:

Moved from Area

Additional Details:

  • The property is owned.
  • 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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