71007-Automotive Service, Retail Tires, Gas Station

ND

Seller Financing Available
71007-Automotive Service, Retail Tires, Gas Station

Asking Price:$735,000

Cash Flow:$250,000

Gross Revenue:$2,525,000

EBITDA:N/A

FF&E:$100,000

Inventory:$300,000*

Real Estate:$250,000*

Established:1972

*not included in asking price.

71007-Automotive Service, Retail Tires, Gas Station

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Business Description

This automotive service and retail tire shop is located in northeast North Dakota. This business specializes in tire service and carries a full line of quality tires. They also offer general maintenance and repair services for cars, trucks, and vans as well as heavy equipment. Their team of skilled technicians has extensive knowledge and expertise when it comes to automotive repairs. Since they believe in servicing the needs of their customers, they offer on the farm service and repairs and even have a 24-hour fuel station. With their affordable repairs and top-of-the-line tires, this business has many loyal customers who rely on them for all of their automotive needs.

This automotive repair and tire company has been in business since 1972 with the current ownership starting in 1986. This North Dakota based business for sale is a great opportunity to take a business that is already successful and build on that foundation to secure your future. After years of hard work and dedication to building this business, the current owner has decided to retire and let a new owner take it to the next level. This owner-operated business is managed in a hands-on fashion, giving the owner full control over the quality of products and the customer service provided. Out of their total revenue, 44% comes from tires, 27% from fuel, 8% from oil, 4% from service, and 9% from miscellaneous. This company offers a new owner a successful business with a great reputation, along with an established customer base. Equipment is included in the sale while inventory value varies and is to be negotiated at time of sale. More details contact David Michaelson 214-815-0816.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This business has a great location in a high traffic area. They have 1.5 acres and a 50’x110’ building. This includes shop, storage, work, and office areas. The business location is owned with an option to lease or purchase.
Competition:
95% repeat clientele. Brought in through radio, local paper and internet, customers have come to know this company as one they can trust that will offer them great service at a great price. Their extensive tire selection and product knowledge means customers always find exactly what they are looking for. Their dedication to quality repairs and reputation for friendly customer service has built them a large customer base as well as a great reputation in the area.
Growth & Expansion:
There are many effortless growth opportunities for this business. An assertive new owner might consider adding a farm bay as well as expanding sales into Canada and western North Dakota. Another opportunity comes from stronger sales efforts such as outside sales and stronger marketing efforts with a sales team.
Financing:
Negotiable up to: 20.00 %
Support & Training:
Key employees will most likely stay after transition. The owner is available for a reasonable transitioning period.
Reason for Selling:
Approaching retirement.

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