Full Service Turnkey Tire Store - In Business Over 70 Years!

Los Angeles County, CA

Seller Financing Available
Full Service Turnkey Tire Store - In Business Over 70 Years!

Asking Price:$275,000

Cash Flow:$39,535

Gross Revenue:$1,163,825

EBITDA:N/A

FF&E:$163,500

Inventory:$86,000

Established:1942

Full Service Turnkey Tire Store - In Business Over 70 Years!

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Business Description

This large Inland Empire tire store with both commercial and consumer business, is a perfect expansion opportunity for an existing tire store owner or a general automotive business with an owner who wishes to grow. It is also the perfect business for an owner-operator. If working owner replaces manager, an additional $60,000 in owner compensation could be realized. Currently owner is absentee. The store has 8 hoists with additional tools and equipment valued at more than $160,000. New services could be added to increase sales and profits. For additional information, please contact Betty Villani, Broker, at 909-980-6040.

Detailed Information

Inventory:
Included in asking price
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Corner location on major street. The auto service center is 6,695 square feet including 580 square feet of finished office space and is located on a 20,407 square foot lot. The lot has 11 marked parking spaces. Real estate could be purchased for additional price.
Competition:
Business is very well known in the area and has built a reputation for quality work and excellent service. Same location for over 60 years.
Growth & Expansion:
New owner could concentrate on areas of business not previously pursued such as cab companies, plumbers, electricians and other trades people.
Financing:
Seller willing to carry small secured note for well qualified buyer.
Support & Training:
Business is absentee owned and currently run by employees who would very likely all stay with the business.
Reason for Selling:
Absentee owner works elsewhere. Previous hands-on owner (relative) passed away.

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Betty K. Villani

Business Listed By:
Betty K. Villani

Business Venture Group, Inc.

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