A Tire & Detail Business: Huge Expansion Opportunity Here

Southgate, MI (Wayne County)

Seller Financing Available
A Turn Key Operation is Waiting for You

Asking Price:$54,500

Cash Flow:N/A

Gross Revenue:$120,000

EBITDA:N/A

FF&E:$20,000

Inventory:$10,000

Lease Rate/Sq. Ft.:$13

Established:2016

A Tire & Detail Business: Huge Expansion Opportunity Here

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Business Description

Getting new tires is a lot like going to the dentist, no body enjoys it much but it is something that we all have to live with none the less. This business was established with one sole purpose in mind, to make the customers experience less painful throughout this entire process.

The location was specifically chosen after a vast amount of research because the demographics and daily traffic were absolutely perfectly suited for this venture. The signage and waiting room have been meticulously designed to give the customer the feeling and comfort of a larger franchise while offering a personal touch that is much more affordable.

The facility is well equipped to handle a large amount of traffic, and the expansion opportunity here is absolutely amazing. The website has yet to be built and advertising has been at a minimal; considering those facts alone the sales projections are respectable to say the least.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,900
Lease Expiration:
9/6/2018
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
An independent building that is well maintained and on a highly traveled main road, AADT stats showing 280,402 traveling this road daily in this specific city alone! You literally could not find a better location for this shop, and it is a turn key operation that is fully equipped with absolutely everything you will need to run your new business. The garage has 2 bays and the parking lot is huge with 13 freshly painted spaces. Sale includes a brand new Matco Tool Box, 2006 E350 Diesel Cargo Van, Tire Mounting and Balancing Machine, Air Compressor, Television, 2 Computers, Security System, over 400 assorted used tires and rims, as well as all tools on site.
Competition:
There is undoubtedly some competition in there area, but this business has managed to outperform them all in a very short period of time. Quality service and products are something that are hard to find in this industry and the current owner has worked hard to ensure that this business is known for those exact things. This is a business born out of necessity, everyone needs to replace their tires whether they like it or not, and it is nearly recession proof as you can easily focus on selling more used tires when the economy takes a dive.
Growth & Expansion:
Offering ancillary services is one way in which you can drastically increase the revenues. The current owner has dabbled with detailing but with such a large parking lot there is a great opportunity to actually sell cars here as well. Extended hours will make you stand out from the crowd and allow you to capture a certain segment of the market that may be incapable of leaving work to take care of a tire replacement.
Financing:
40K Down
Support & Training:
Seller is willing to offer 1 week of training.
Reason for Selling:
Other Business Interest

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Richard Goodman

Business Listed By:
Richard Goodman

Equation Capital Group

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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