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Retail Tires, Rims and Service

Salt Lake City, Utah (Salt Lake County)

Retail - Miscellaneous Retail | Services - Auto Repair, Parts & Svcs

$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

Consistently High Sales, Low Cost of Goods

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

Business For Sale By

Michael Ballas, CBB

805-267-0719

Troop Business Services

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