Independent Michelin Tire Dealer & Auto Repair

Fort Lauderdale, FL (Broward County)

Seller Financing Available
Independent Michelin Tire Dealer & Auto Repair

Asking Price:$585,000

Cash Flow:$204,734

Gross Revenue:$1,195,135

EBITDA:N/A

FF&E:$48,000

Inventory:$15,000

Established:1981

Independent Michelin Tire Dealer & Auto Repair

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Business Description

Excellent opportunity to acquire a Tire Dealer and Repair Shop. It has been in the same location since 1961, Family owned. Located on a major thoroughfare close to downtown Fort Lauderdale, Port Everglades, Hollywood International Airport, and Marina Mile. Certified independent Michelin dealer for 15 years plus. Long-Time staff, store manager and mechanics have a combined 70+ years of experience. Records are impeccable on tax returns. Sales composition, 40% Tire Sales, 25% Parts/Wheel Sales, 35% Labor and Services. Listing: 13408129

Detailed Information

Inventory:
Included in asking price
Employees:
6
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
4200 sq ft stand alone bldg on corner
Financing:
Loan/Seller: 165,000 @6.0% for 36 months; 420,000
Support & Training:
2 weeks at no cost
Reason for Selling:
Looking to semi-retire

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Alberto Hallivis

Business Listed By:
Alberto Hallivis

Amerivest Group

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Sponsoring Broker:
Frank Rubin

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