$Seller Financing Available
| Asking Price |
$650,000 | Inventory |
$50,000* |
|---|---|---|---|
| Gross Income |
$831,806 | Real Estate |
|
| Cash Flow |
$238,546 | Year Established | 1968 |
| FF&E |
$20,000* | Employees | 5 |
* included in the asking price
** not included in the asking price
This tires, rims and service business was founded and still operated by the owner who is ready to retire after 41 years. Consistent, provable sales. Majority of customers are drive-ins and repeats. Sales of 60% used tires & 40% new tires accounts for low cost of goods. A small portion of the business is wholesale to car dealers and that could be expanded. Low rent $1575 good for another 15 years. Two buildings on the property of 1.25 acres: Office/display room and service building containing 5 bays and one hoist. Owner acts in managerial capacity. Property has 160 foot street frontage and can be purchased separately.
Seller Financing Available: Yes
Financing: $200K down seller carry of $450K
Support/Training: 2 weeks 30hrs.
Reason Selling: Retirement

Michael Ballas, CBB
805-267-0719
Troop Business Services
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