tire repair shop iStock 495612574.jpg$700K Est. 2018 Sales

$115K Est. 2018 SDE  

This business has been serving individual, corporate and government accounts in this county for over 5 decades. Independent tire re-seller and automotive maintenance and repair shop. Brakes, oil changes, alignments, tune-ups, struts/suspension, A/C service.

Financials back to 2012 show business grossed over $1.5MM and averaged over $1.3MM prior to sudden major shift in ownership.  

 

 Asking Price: $350,000
Est. 2018 Gross Sales: $700,000
SDE: $115,000
Inventory in Price: $100,000
FF&E in Price: $158,000
*Real Estate:

$300,000

*Not included in
Business Asking Price. 

 

Competition & Customers  

Iconic brand in the county, is the go to vendor for many of the region's top employers including big industry, government, local and regional small businesses. Handles industrial and fork lift tires in addition to standard vehicle and truck tires.
Facilities
10,800 square feet struture, single story brick and block with storefront and ample parking, storage.
Growth & Expansion 
No outside sales efforts for last four years. New website and facade improvements recently implemented. Numerous new and renewal account opportunities for new owner.

Support & Training

TBD. Very good book keeping, accounting and customer tracking systems in place.  5 FTE, 1 PTE. 

Reason for Selling

Needs GM who is owner.

Merger & Acquisition Opportunities