Auto & Tire Business

Danville, CA (Contra Costa County)

Seller Financing Available
Auto & Tire Business

Asking Price:$450,000

Cash Flow:$150,000

Gross Revenue:$1,300,000

EBITDA:$89,354

FF&E:$100,010

Inventory:$10,000

Rate/Sq. Ft.:$2.06

Established:1980

Auto & Tire Business

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Business Description

Business currently doing $1.3 million

In 3 years we have grown the business year over year by a minimum of 25%. Confirmed by our tax returns. We have only 5 star Yelp reviews.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building Sq. Ft.:
3,000
Lease Expiration:
3/31/2019
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A list of equipment will be supplied after you are approved. Fully operating tire & automotive facilities with all the lifts and alignment machines required to do the job. Rent is triple-net and set till Dec 2019. After that we have two 5-year options with a 3% locked in rate increases already set, which is below market rate and transferrable.
Competition:
The town will not allow any new tire & automotive shops to be permitted.
Growth & Expansion:
Company is growing over 25% year over year.
Support & Training:
Will get training. Operating partner could potentially stay on if so desired.
Reason for Selling:
Unfortunately, absentee owner is moving out of the area.

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Business Listed By:
Neil Ganz

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